Mortgage Lenders news and trends

Convenience Can Reduce Late Mortgage Payments
Payment Methods // February 07, 2018

A new survey by ACI Worldwide and Mastercard Advisors showed that late payments on mortgages are reduced when convenient payment methods are present, according to a survey of 400 mortgage-holding U.S. consumers. The companies found that having a convenient payment method lowers call center calls by...

Senate Puts Pressure On Trump To Support CFPB PHH Ruling
CFPB // January 05, 2018

The top Democrat on the Senate Banking Committee is imploring the Trump administration to support the Consumer Financial Protection Bureau’s ruling against PHH Corporation. According to American Banker, PHH, a New Jersey-based mortgage lender and servicer, agreed to pay $31 million to consumers as part...

Quick Reads
UK Mortgage Lenders Agree on Measures to Help Struggling Borrowers

December 28, 2022
The U.K.’s largest mortgage lenders have agreed on measures to help struggling borrowers. The new measures follow a meeting between the chancellor, Jeremy Hunt, and representatives of the country’s major mortgage lenders earlier this month. In that meeting, Barclays, HSBC,  Lloyds, Nationwide, NatWest Group, Santander and Virgin Money agreed to measures intended to ease the […]

Convenience Can Reduce Late Mortgage Payments

February 07, 2018
A new survey by ACI Worldwide and Mastercard Advisors showed that late payments on mortgages are reduced when convenient payment methods are present, according to a survey of 400 mortgage-holding U.S....

Senate Puts Pressure On Trump To Support CFPB PHH Ruling

January 05, 2018
The top Democrat on the Senate Banking Committee is imploring the Trump administration to support the Consumer Financial Protection Bureau’s ruling against PHH Corporation. According to American Banker, PHH, a...