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

Today In Payments: Auto Insurance Now Available On Amazon India; Airbnb Offered Novel Way To Go Public
Today In Payments: Auto Insurance Now Available On Amazon India; Airbnb Offered Novel Way To...
July 23, 2020  |  News

In today’s top news, Amazon will soon offer auto insurance in India, and Airbnb has been approached to merge with a blank-check acquisition company. Plus,...

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First-time home buyers and homeowners seeking to refinance have been busy online this year. Get the Full Story Complete the form to unlock this article...

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Wells Fargo Sets New Requirements For Jumbo Mortgages, May Reduce Workforce
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July 09, 2020  |  Banking

As it tightens the requirements for some mortgage transactions, Wells Fargo is mandating that new customers seeking to refinance a jumbo mortgage take $1 million in balances...

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July 08, 2020  |  Loans

Homebuyer mortgage applications surged as June turned into July, in yet another sign of the housing market’s surprisingly strong rebound after the coronavirus-triggered shutdown this...

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Number Of Homeowners In Mortgage Bailout Program Drops By 104K
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July 06, 2020  |  Coronavirus

The number of homeowners in the mortgage bailout program under the federal CARES Act fell by 104,000 from June 23 to June 30 — the...

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Data Shows Less US Home Mortgages In Forbearance First Since March
Data Shows Less US Home Mortgages In Forbearance First Since March
June 23, 2020  |  Loans

The latest Forbearance and Call Volume Survey by the Mortgage Bankers Association (MBA) has seen a decrease in the number of loans up for forbearance,...

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Is Data Aggregation The Key To Banking’s Future?
June 09, 2020  |  Real Estate

The pandemic is spurring new opportunities for financial institutions (FIs) of all sizes to improve the range of services they deliver to end users amid...

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Mortgage Purchase Applications Rise For Seventh Consecutive Week
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June 03, 2020  |  Loans

One of the few bright spots in the nation’s ailing economy is the housing market. Fueled by the lowest home loan rates in the nation’s...

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Consumers Plunge Back Into Homebuying Market
Consumers Plunge Back Into Homebuying Market
May 27, 2020  |  Real Estate

There’s good news for the economy on the home-buying front. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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