Shopping for Mortgages
Mortgages

Lawmakers push for more urgency from FHFA

(9/16/2011) The government agency that oversees both Fannie Mae and Freddie Mac is now being accused by federal lawmakers on both sides of the aisle of not picking up the slack when it comes to addressing the foreclosure crisis.

More than two dozen U.S. Representatives, mostly Democrats, recently sent a letter to the acting director of the Federal Housing Finance Agency, after a particularly unproductive meeting with lower-level staff, saying the agency isn't doing enough to help clear up the current national foreclosure crisis, according to a report from Bloomberg News. One Republican who did sign the letter was Darrell Issa of California, who leads the House Oversight Committee.

Consumers who are looking for relief from impending foreclosure may want to consider refinancing their existing home loans. By checking the latest online rate tables to find the best local mortgage rates, consumers can likely lower their current monthly payments by as much as a few hundred dollars.

"We expressed our profound frustration with the apparent lack of urgency shown by your agency and by agencies within the Administration in addressing the foreclosure crisis," the lawmakers said in their letter, according to the news agency.

 

 

 

Refinance at Today's Low Rates!

 

   

 

Other Articles:

Facilitating a faster refinance

Extended EHLP (Read 'Help')deadline for homeowners facing foreclosure, employment struggles

Popular Mortgage Refinancing Options at Record Low Rates, Says Informa Research Services

Wall Street, not Fannie, Freddie to blame for housing, economic meltdown

 

 

 

 

 

 

 

Fannie Mae & Jumbo Mortgage Rates

Just One Click! = Current Rate Chart

Pennsylvania Mortgage Rates Current Mortgage Rates - Hawaii Current Mortgage Rates - Alaska West Virginia Mortgage Rates Virginia Mortgage Rates District of Columbia Mortgage Rates Maryland Mortgage Rates Delaware Mortgage Rates New Jersey Mortgage Rates Connecticut Mortgage Rates Rhode Island Mortgage Rates Massachusetts Mortgage Rates New Hampshire Mortgage Rates Vermont Mortgage Rates New Hampshire Mortgage Rates Maine Current Mortgage Rates Vermont Mortgage Rates Current Mortgage Rates - New York Current Mortgage Rates - Michigan Current Interest Rates - Wisconsin Current Mortgage Rates - MINNESOTA Ohio Mortgage Rates Current Mortgage Rates - Kentucky Current Mortgage Rates - Indiana Illinois - Current Mortgage Rates Current Mortgage Rates - Iowa Missouri Mortgage Rates Current Mortgage Rates - North Carolina South Carolina Mortgage Rates Current Mortgage Rates - Florida Current Mortgage Rates - Georgia Current Mortgage Rates - Tennessee Current Mortgage Rates - Alabama Current Mortgage Rates - Mississippi Current Mortgage Rates - Louisiana Current Mortgage Rates - Arkansas Current Mortgage Rates - Oklahoma Current Mortgage Rates - TEXAS Current Mortgage Rates - New Mexico Current Mortgage Rates - Arizona Current Mortgage Rates - Kansas Current Mortgage Rates - Nebraska Current Mortgage Rates - Colorado Current Mortgage Rates - Wyoming South Dakota Mortgage Rates Current Mortgage Rates - North Dakota Current Rates - Montana Idaho Current Rates Washington Mortgage Rates Current Mortgage Rates - Oregon Current Mortgage Rates - Utah Current Mortgage Rates - Nevada Current Mortgage Rates - California

Start by selecting your state




Getting Started

Purchasing a Home Info and Advice

FREE Mortgage Rate Widgets
Your State's Rates or National Rates
Get this Widget for any State you want