All Paperless Mortgages are Coming Soon!

Your Mortgage Is About to Finally Go Paperless All the WayOctober 24, 2016 They say the average mortgage application upon completion contains some 500 pages, which explains part of the frustration mortgage borrowers feel when going through the loan process.But Fannie Mae and Freddie Mac want to ease that burden by finally digitalizing the mortgage experience.  Both of these major quasi-governmental agencies announced upcoming changes that will go live in December and next spring.Come December 10th, Fannie Mae will add both asset and employment validation to its stable of useful loan ...

October 24th, 2016 | A BREAKING News Story!, All Paperless Mortgages are Coming Soon!

Breaking News! The Fed Votes to Keep Rates Low Today

 BREAKING NEWS! Fed says No Rate Hike TodayNational Mortgage Professional Wednesday, June 15, 2016 - 14:19 by Phil Hall The Federal Reserve cited “diminished” job gains as a primary factor in its decision not to raise interest rates at this time.In a unanimous vote, the central bank’s Federal Open Market Committee (FOMC) backpedaled from earlier hints that it would use its June meeting to launch a new round of rate hikes. While acknowledging that the U.S. economy was mostly strong, the Fed was uneasy about lingering problems with the economic picture.Earlier this ...

June 15th, 2016 | A BREAKING News Story!, Breaking News! The Fed Votes to Keep Rates Low Today


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