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President Barack Obama is drawing attention to the auto industry's rebound.

http://www.wthr.com/story/14832983/obama-in-ohio-will-promote-auto-industry-rebound?t=2011-06-03T08:08:20Z

Russian Prime Minister Vladimir Putin says the country will lift its ban on grain exports on July 1.

http://www.wthr.com/story/14744830/russia-lifts-grain-export-ban-as-of-july-1?t=2011-05-28T16:11:17Z

The average U.S. price of a gallon of gasoline has dropped about 9 cents over the past two weeks.

http://www.wthr.com/story/14694299/us-gas-prices-down-9-cents-over-past-2-weeks?t=2011-05-22T21:38:06Z

President Barack Obama has said the deals are an integral part of his economic agenda.

http://www.wthr.com/story/14652614/white-house-threatens-to-hold-up-key-trade-deals?t=2011-05-16T11:20:10Z

Several economic reports due later this week may give the markets more evidence to hang their hopes on.

http://www.wthr.com/story/14597200/bevy-of-reports-may-give-new-clues-on-economys-health?t=2011-05-09T07:14:52Z

Sen. Charles Schumer of New York is calling for new regulations to require banks to clearly and briefly describe checking account fees.

http://www.wthr.com/story/14552757/schumer-bill-targets-check-accounts?t=2011-05-02T08:45:20Z

Recent changes in the mortgage industry have some people worried. While it may seem like bad news for those seeking a home loan, it really is good news. It means no more bad loans and no more predatory loans. It means you will get a loan you deserve and a loan you can afford. Overall, it will be good for everyone. When looking for a loan, keep an eye out for the big three loan factors.

#1 The Application Loophole – The application loophole is still in place but it is still nothing scary. Application fees are still charged by legitimate and illegitimate places alike. The one thing you need to be aware of is you do not need to feel pressure to stay with a place just because you paid the application fee. You can back out at any time if you find a better lender or you just do not like the company.

#2 How the Safe Act Affects You – The Safe Act means a loan writer has to pass a test before they can write a loan. You can use this information by asking if the person you are working with has passed the test. If they have not, then you know they cannot write the loan. You are not working with a lender. You are only working with a go between, a negotiator or an agent. How you handle this information is up to you. You will want to find out this information before you pay the application fee, as it will save you time and money.

#3 The Good Faith Estimate – As of January 2010, the laws changed about when lenders had to tell you about changes. Now lenders must tell you within 3 days of finding out about changes. They also must give you time before closing. This gives you time to think about what you are signing instead of springing it on you last minute.

You no longer have to spend hours finding info about mortgage companies.