Question by Going Crazy!: Im interested in assuming a FHA mortgage…It is an assumable loan. Any info would be helpful? My husband and I had a foreclosure in Nov of 07 and bankruptcy in Sept of 08. We are wanting to own again and have been offered to “take over” a mortgage. As we understand [...]

Mortgage Brokers Fail to Block Federal Reserve Loan Commission Rule Two trade groups representing mortgage brokers lost their attempt to stop a Federal Reserve rule that limits commissions for loan officers in mortgage transactions from taking effect. Read more on Bloomberg Mortgage Activity Falls, Purchase Applications Rise WASHINGTON (TheStreet) — Mortgage applications fell 2% last [...]