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

CFPB Unveils New Rules To Protect Against Foreclosures
CFPB Unveils New Rules To Protect Against Foreclosures
June 29, 2021  |  CFPB

The Consumer Financial Protection Bureau (CFPB) unveiled new protections for mortgage holders two days before the federal ban on foreclosures was set to expire. While...

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Real Estate Tech Platform Ribbon Brings Cash Solution To White Hot Market
Real Estate Tech Platform Ribbon Brings Cash Solution To White Hot Market
May 21, 2021  |  Real Estate

It’s a tough time to be a buyer in the housing market. The average price of a new home in 2020 was $389,400 U.S. dollars,...

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Today In Payments: Google’s Upgrades Target Buyers; NY Fed: Most Borrowers Who Took Forbearances Have Exited
Today In Payments: Google’s Upgrades Target Buyers; NY Fed: Most Borrowers Who Took Forbearances Have...
May 20, 2021  |  News

In today’s top news, Google announced several features to up its eCommerce game, and most borrowers who entered forbearance amid the pandemic have since exited....

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CFPB Tries To Fend Off A Potential Foreclosure Crisis
CFPB Tries To Fend Off A Potential Foreclosure Crisis
April 20, 2021  |  Loans

The Consumer Financial Protection Bureau (CFPB) is taking a long hard look at mortgage servicers — and whether they’ve really been compliant with pandemic-era programs...

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CFPB Proposes New Protections For Struggling Mortgage Holders
CFPB Proposes New Protections For Struggling Mortgage Holders
April 05, 2021  |  CFPB

Under a new set of Consumer Financial Protection Bureau (CFPB) rule changes, avoidable foreclosures would be able to be prevented, according to a press release....

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Rohit Chopra, Biden CFPB Pick, Will Focus On Pandemic-Rooted Consumer Debt
Rohit Chopra, Biden CFPB Pick, Will Focus On Pandemic-Rooted Consumer Debt
March 02, 2021  |  CFPB

Rohit Chopra, President Joe Biden’s pick to lead the Consumer Financial Protection Bureau (CFPB), plans to go to bat for Americans struggling with debt amid...

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Fed Report: Mortgage Debt Surges, Consumer Credit On The Mend
Fed Report: Mortgage Debt Surges, Consumer Credit On The Mend
February 17, 2021  |  Debt

According to a new report from the Federal Reserve, total household debt rose to $14.56 trillion in the fourth quarter of 2020, an increase of...

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Hoteliers’ Woes Help Address Affordable Housing Challenge
Hoteliers’ Woes Help Address Affordable Housing Challenge
February 04, 2021  |  Real Estate

Developers in parts of the country are buying distressed hotel properties at huge discounts and converting the buildings into relatively inexpensive housing, CNBC reported. The...

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The Instant Payments Divide: How Lenders Can Use Disbursements To Create Lasting Trust
The Instant Payments Divide: How Lenders Can Use Disbursements To Create Lasting Trust
January 12, 2021  |  Disbursements

The lending industry was hit hard during the pandemic’s early months, with many banks and traditional lenders rapidly adjusting their standards and rates to accommodate...

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