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Adair Carroll Decatur Hamilton Jones Mitchell Poweshiek Washington
Adams Cass Delaware Hancock Keokuk Monona Ringgold Wayne
Allamakee Cedar Des Moines Hardin Kossuth Monroe Sac Webster
Appanoose Cerro Gordo Dickinson Harrison Lee Montgomery Scott Winnebago
Audubon Cherokee Dubuque Henry Linn Muscatine Shelby Winneshiek
Benton Chickasaw Emmet Howard Louisa Obrien Sioux Woodbury
Black Hawk Clarke Fayette Humboldt Lucas Osceola Story Worth
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Bremer Clayton Franklin Iowa Madison Palo Alto Taylor
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Today's Mortgage Terms starting with F

Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac):

A semi government agency that acquires conventional loans that are underwritten to its specific guidelines. These guidelines are an industry standard for residential conventional lending.

Federal Housing Administration (FHA):

A federal agency within the Department of Housing and Urban Development (HUD), which insures residential mortgage loans made by private lenders and sets standards for underwriting mortgage loans.

Federal National Mortgage Association (FNMA or Fannie Mae):

This agency purchases loans that are underwritten to its specific guidelines. These guidelines are an industry standard for residential conventional lending.

FHA Loans:

Fixed or adjustable-rate loans that are insured by the U.S. Department of Housing and Urban Development. The purpose of FHA loans is to make housing more affordable, especially for first-time homebuyers.

First Mortgage:

A mortgage which is in first lien, taking priority over all other liens. In case of a foreclosure, the first mortgage will be repaid before any other mortgages.

Fixed Rate Loan:

Fixed-rate loans have interest rates and payments that are fixed through out the term of the loan.

Foreclosure:

A legal process in which a mortgaged property may be liquidated to pay off a mortgage loan that is in default.

View all Terms
You are here: Home > Iowa The latest Mortgage Loan News:
Iowa home mortgage loan, news and quotes from Iowa lenders

They Warned Us About the Mortgage Crisis - BusinessWeek
(page 5 of 5) A preliminary state investigation found that Okoboji's manager had headed a mortgage firm in Nebraska that lost its license for falsifying loan documents. But Okoboji refused Iowa's demand for an examination, forcing the agency to file ...

States warned about impending mortgage crisis - MSNBC
More than five years ago, in April 2003, the attorneys general of two small states traveled to Washington with a stern warning for the nation's top bank regulator. Sitting in the spacious Office of the Comptroller of the Currency, with its panoramic ...

Administration, Bankers Squelched Early Warnings About Mortgage Crisis - WTVF
More than five years ago, in April 2003, the attorneys general of two small states traveled to Washington with a stern warning for the nation's top bank regulator. Sitting in the spacious Office of the Comptroller of the Currency, with its panoramic ...

Emmetsburg woman accused in mortgage scam - KWQC
EMMETSBURG, Iowa (AP) - An Emmetsburg woman has been arrested for allegedly running a mortgage scam out of her home. Terry Hoffert is charged with two counts of first-degree theft and one count of ongoing criminal conduct. Police say Hoffert ran a ...

States Call for Adoption of Mortgage-Loan Help - Wall Street Journal
Attorneys general and banking regulators from 11 states are calling on the nation's largest subprime-mortgage-servicing companies to follow Bank of America Corp.'s lead and embark on a broad-based loan-modification program. "We believe that every ...

Mortgage Guru Answer Questions - Hispa MP3
Com helps entrepreneurs, small and growing businesses, consultants and business professionals save time and money by addressing real-world. The Insolvency Network team has extensive commercial experience in business and personal insolvency procedures ...

Man accused of tucking 6 lobsters into his pants - MSNBC
Georgia now has the sixth-highest rate of foreclosure in the country. Consumer advocates and state attorneys general contend the weakening of the state's law was a severe blow to efforts to curb careless lending. "Had the Georgia Fair Lending Act not ...

Jobs Classifieds Real Estate Rentals Autos - Cedar Rapids Gazette
GazetteOnline Home Log In Read The e-Edition Newsletters Text Alerts RSS Feeds Data Central Gazette Store FAQ Page Place a Classifed Ad News Home Log In Read The e-Edition Business Newsletters RSS Feeds Data Central Iowa Caucuses Gazette Store Sports ...

Gov't launches mortgage aid program - Associated Press
WASHINGTON (AP) -- The government kicked off a program Wednesday that aims to prevent foreclosures by letting an estimated 400,000 troubled homeowners swap their mortgages for more affordable loans. Lenders, rather than borrowers, will decide whether ...

Wells Fargo 3Q earnings fall 25 percent - Des Moines Register
Wells Fargo reported earnings of $1.64 billion for the three months ending Sept. 30, a quarter less than it earned a year ago. The bank reported losses from investments in failing financial institutions, such as Fannie Mae, Freddie Mac and Lehman ...

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