mortgages

A mortgage loan or, simply, mortgage is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged.

Source: en.wikipedia.org

Wells Fargo Found More Customers Who Were Wrongly Foreclosed
Wells Fargo Found More Customers Who Were Wrongly Foreclosed
November 06, 2018  |  Loans

Wells Fargo said Tuesday (Nov. 6) that an underwriting error internally prompted it to reject home loan modifications, which resulted in the bank foreclosing on...

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Mortgage Rates Near 5 Percent For First Time In Several Years
Mortgage Rates Near 5 Percent For First Time In Several Years
October 11, 2018  |  Loans

Mortgage rates reached a high that hasn’t been seen in longer than seven years when they inched up close to 5 percent on Wednesday (Oct....

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Homebuilder Downgrade A Tough Housing Market Harbinger?
Homebuilder Downgrade A Tough Housing Market Harbinger?
September 21, 2018  |  Real Estate

Caution, warns a sell side analyst regarding homebuilder stocks, and the sector swoons. As seen on Friday (Sept. 21), homebuilder equities took it on the...

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A Decade On, Lending Transformed By Crisis And Innovation
A Decade On, Lending Transformed By Crisis And Innovation
September 18, 2018  |  Consumer Finance

Necessity is the mother of invention. Invention can become necessity. And in lending, with the financial crisis in the rearview mirror, a decade on, invention...

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Opendoor Buys Open Listing To Create End-to-End Marketplace
Opendoor Buys Open Listing To Create End-to-End Marketplace
September 11, 2018  |  Partnerships / Acquisitions

Opendoor, the online real estate marketplace, announced on Tuesday (Sept. 11) that it has acquired Open Listings, a platform for homebuyers. In a press release,...

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Data Dive: Buying, Selling And Foreclosing
Data Dive: Buying, Selling And Foreclosing
August 13, 2018  |  Data Dive

Summer 2018 is running down its final weeks. The heat is still going full speed ahead in most of the U.S., but stores are beginning...

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Zillow Gets Into Mortgages With Acquisition Of Mortgage Lenders Of America
Zillow Gets Into Mortgages With Acquisition Of Mortgage Lenders Of America
August 07, 2018  |  Real Estate

Zillow, the online real estate company, is getting into the mortgage market, announcing Monday (August 6) that it is acquiring Mortgage Lenders of America, a...

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Making It Work — Wherever, Whenever
Making It Work — Wherever, Whenever
May 29, 2018  |  Today In Data

More than half of all drivers think they are better than average at driving — a fact that mathematical possibility cannot approve. Some of those...

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USAA: Building Financial Services For Those Who Serve
USAA: Building Financial Services For Those Who Serve
May 28, 2018  |  Banking

Memorial Day, for most, is a day filled with fun. Kids and their parents get a day off, families hit the road to beaches or amusement parks...

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