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October 25, 2014

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NEWS AND INFORMATION



Top VA Mortgage Lender Reports VA Loans Surge
iFreedom Direct, a national VA specialty lender, reports a 28% increase in the number of VA home loans closed this fiscal year.
POSTED: 12-05-2012

Inc. Magazine Names Veterans United Home Loans Nation's No. 29 Job Creator
Veterans United Home Loans, based in Columbia, Mo., was recognized as the No. 29 job creator in the United States yesterday in Inc. magazine's inaugural Hire Power Awards. The awards honor America's 100 top private job creators over the past three years. Veterans United generated 564 jobs from 2008 to 2011.
POSTED: 12-05-2012

Home mortgage applications fall to 15-year low
Mortgage applications to purchase a home fell last week to a 15-year low, despite the lowest mortgage rates in decades
POSTED: 11-25-2011

Goldman to stop controversial mortgage practices
The New York's Department of Financial Services and Banking Department said the settlement was a condition to Goldman Sachs Group Inc.'s sale of its Litton Loan Servicing subsidiary to a mortgage company Ocwen Financial Corp
POSTED: 09-15-2011

Mortgage rates drop to another record low
The benchmark 30-year fixed-rate mortgage fell 3 basis points this week to 4.32 percent, according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of 1 percentage point. This is the lowest level the fixed rate has reached since Bankrate started the weekly mortgage survey nearly 26 years ago.
POSTED: 09-15-2011

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Home loan and mortgage deals online! Mortgage delinquencies to remain high in 2013
If not for all the homeowners who haven't paid their mortgages in more than a year, the nation's home loan delinquency rate would be only slightly higher than normal, shows new research from credit monitor TransUnion. Read more...

Home loan and mortgage deals online! Mortgage Rates: 5-Year ARM Rates Hit Record Lows Going Into 2013
This week's average rate on a 30-year fixed home loan is 3.34%, up from 3.32% last week. For a 15-year fixed mortgage, the average also edged higher to 2.67%. Read more...

Home loan and mortgage deals online! Mortgage interest rates rise slightly
This week's average rate on a 30-year fixed home loan is 3.34%, up from 3.32% last week. For a 15-year fixed mortgage, the average also edged higher to 2.67%. Read more...

FHA Loan Outlook for 2013: Low Rates, Higher Fees, Rising Popularity
The FHA loan program has grown in popularity since the housing crisis began in 2008. It has become the financing tool of choice for many home buyers, especially those with limited down payments or shaky credit. Read more...

Home loan relief cuts mortgage balances by $6.3 billion
LOS ANGELES - Five of the biggest U.S. banks have cut struggling homeowners' mortgage balances by $6.3 billion, part of a total $26.1 billion in home loan relief provided under a landmark settlement over foreclosure abuses. Read more...