The current weak state of the economy traces back to the collapse of the subprime mortgage market in late 2006. With banks and mortgage insurers cutting back on broker business, does this mark the end of the mortgage broker model?

The new easy lookup for FNMA loans is out a little earlier than the expected date of 3/21/09 date they had mentioned. This resource is much simpler than the current lookup. This resource helps determine if your loan is eligible for new housing program.

The question on everyone's mind these days is whether or not President Obama's housing plan is working. Our mortgage expert Steve Heideman offers some anecdotal evidence that it may indeed be starting to have some positive effects on housing.

Recently I have read several articles and blog posts which would have you believe that the mortgage interest deduction, which has long been an untouchable pillar of the tax code for homeowners, is on the chopping block in President Obama’s 2010 budget proposal. Much of the chatter that I have read suggests that this is ...

FiLife Mortgage Expert Steve Heideman weighs in with his initial take on the President's Homeowner Affordability and Stability Plan.

FiLife mortgage expert Steve Heideman offers real estate sellers an alternative to price cuts: the mortgage buy down.

Recent loan-level pricing requirements and a massive outflow of mortgage professionals has made that new low-rate mortgage tougher to get.