Two ways the new mortgage rules impact consumers and taxpayers

National Mortgage Professional

Mar 04, 2009

House passes mortgage rewrite bill MortgagePress.comHouse of Representatives, HR 1106, mortgage modifications, bankruptcy The House of Representatives has passed the mortgage rewrite legislation, HR 1106, by a vote of 234-191. The legislation passed after members added provisions to the legislation designed to require homeowners to attempt to workout mortgage modifications with their lenders before seeking rewrites through bankruptcy proceedings. The Senate is expected to take up the bill before the end of March. For a copy of the bill, click here.

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Mar 04, 2009

Analysis and Data

Gen Z Homebuyers Prefer Utah: Study

LendingTree finds adult members of the generation are now first-time buyers.

You might think members of Generation Z — born between 1997 and 2012 — are still too young to buy a home.  A recent study by LendingTree, however, found that not only are older members of that generation graduating college and starting their careers, they are also buyi...

People On The Move

Fannie Mae Adds Veteran Risk Manager To Its Board

Chetlur S. Ragavan is founder, principal of Risk Response LLC

Fannie Mae said Monday that it has added a risk management expert to its board of directors. Chetlur S. RagavanChetlur S. Ragavan, a chartered financial analyst, is founder and principal of Risk Response LLC, which provides risk advisory and cons...