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

Digital Mortgage Startup Blend Expands Into Consumer Banking
Digital Mortgage Startup Blend Expands Into Consumer Banking
September 23, 2020  |  Digital Banking

Blend, the home loan tech startup, isn’t done growing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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About 1M Homeowners Could Face Foreclosure
About 1M Homeowners Could Face Foreclosure
September 17, 2020  |  Loans

Approximately one million homeowners are at risk of losing their homes through foreclosure despite the safety net established by Congress at the start of the...

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Will US Homeowners Manage To Avoid Falling Off A Mortgage Forbearance Cliff?
Will US Homeowners Manage To Avoid Falling Off A Mortgage Forbearance Cliff?
September 14, 2020  |  Loans

When Congress first passed the CARES Act earlier this year to ameliorate COVID-19’s economic havoc, U.S. homeowners with mortgages on their properties were among the...

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Lenders Ask Homebuyers To Certify They Won’t Seek Forbearance
Lenders Ask Homebuyers To Certify They Won’t Seek Forbearance
August 25, 2020  |  Loans

Mortgage lenders, seeking to keep losses low, are asking homebuyers if they plan to seek forbearance due to the current economic crisis, The Wall Street...

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Q2 Mortgage Delinquency Rate Highest In 9 Years
Q2 Mortgage Delinquency Rate Highest In 9 Years
August 17, 2020  |  Loans

Mortgage loans saw delinquency rates spiking in the second quarter of the year as the pandemic continued, according to a press release from the Mortgage...

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Retailers Using Chapter 11 To Break Lease Agreements
Retailers Using Chapter 11 To Break Lease Agreements
August 07, 2020  |  Retail

Companies that have filed for Chapter 11 bankruptcy are using the court protection to end long-term lease agreements early and close thousands of stores, reported...

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Rocket Cos. Shares Rise 19 Pct On IPO Debut
Rocket Cos. Shares Rise 19 Pct On IPO Debut
August 06, 2020  |  IPO

It appears that billionaire Daniel Gilbert, the 58-year-old founder of Quicken Loans and Rocket Mortgage, made the right call when he trimmed the size of the company’s...

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40M Americans Could Be Evicted Due To Pandemic
40M Americans Could Be Evicted Due To Pandemic
July 30, 2020  |  Economy

With the pandemic still ongoing, as many as 40 million Americans may end up losing their homes, according to CNBC. Get the Full Story Complete...

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