MBA Launches Buyer Education Site

The Mortgage Bankers Association launched the "Home Loan Learning Center," a new online consumer website (www.homeloanlearningcenter.com) that provides basic home buying and homeownership information for interested consumers.Topics include the importance of credit history and ways how to improve it before applying for a mortgage loan, how to find the right home, the mortgage lender and loan product that best fits their financial situation, and also how to select the right lender, offering a complete home buying and homeownership information resource. MBA president and CEO Jonathan L. Kempner said the MBA hopes the new site "will give people interested in becoming homeowners the knowledge they need to more confidently navigate through the mortgage transaction process."