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mortgage loan lenders Freddie Mac and Fannie Mae reported that they will charge mortgage loan lenders with increased risk fees. Actually, the mortgage insurance houses charge lenders more for buying the loans and selling them to investors. Besides, these increased charging for getting loans can be transfered to the borrowers.

The moratorium for those homeowners who obtained home loans through Freddie Mac and Fannie Mae will be held from December 19 to January 2.

On Friday, the government reported about the plan that is aimed to result in the potential wind-down of the government-backed mortgage companies. Officials are concerned about this as they suppose that the process will last for years and Tim Geithner, the Treasure Secretary stated that administration will stay behind Fannie and Freddie's obligations in the meantime.

Small mortgage lenders are concerned over the new rules which would reduce risk-taking. The elimination of Freddie and Fannie would hurt them.

The state of Arizona makes an agreement with the Bank of America. Arizona homeowners can qualify for home loan modification program.

It is getting more difficult to take out a loan on vacation condo. The lending rules become tougher for the borrowers looking for such loans.

Increasing foreclosure rates force the dropping of the prices on homes. It is a really good time for home buyers looking for a bargain.

The new risk-retention proposal may exempt the loans with strict underwriting. Lenders can get a package of options after the rule approval.

US regulators were accused by the lawmakers who went too far on lending rule. They overstepped their authority and ignored the intents of the Congress.