News

WASHINGTON - The Electronic Signatures in Global and National Commerce Act (E-Sign) and the Uniform Electronic Transactions Act (UETA) opened the door to the origination of enforceable eMortgages. Fannie Mae has now issued a set of guidelines that will allow borrowers to preview their mortgage documents before closing and helps...

WASHINGTON - Federal Reserve Board Chairman Alan Greenspan, delivering the Federal Board's semiannual monetary policy report told Senate Committee on Banking, Housing, and Urban Affairs members that the mortgage lending and housing market will continue to perform strong, but those performances will be influenced and "tempered by other influences." Speaking...

NEW YORK - After searching for an affordable home and mortgage, the next necessity every homeowner has to look for is homeowners insurance, and based on the findings of a report issued by the Insurance Information Institute, finding affordable homeowners insurance is getting increasingly more difficult. An extraordinary number of...

MADISON, Wis. - Credit unions should consider themselves lucky. Compared to some other financials that have seen a higher rate of mortgage fraud perpetrated as mortgage lending activity has heated up, sources say credit unions have been relatively spared from any major direct mortgage fraud hits. But that doesn't mean...

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