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)

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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Private Label Retail Credit Card Delinquencies At Highest Rate Since 2011
Private Label Retail Credit Card Delinquencies At Highest Rate Since 2011
May 23, 2018  |  Debt

The severe delinquency rate on private label retail credit cards jumped 57 basis points from March of last year and stands at 4.65 percent, according to...

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UK’s Nationwide Goes After Biz Banking With RBS Grant
UK’s Nationwide Goes After Biz Banking With RBS Grant
May 23, 2018  |  B2B Payments

Nationwide, one of the U.K.’s top three mortgage providers, is responding to struggling profits by focusing on corporate banking, reports in Reuters said Tuesday (May...

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Mulvaney Seeks To Change The Qualified Mortgage Rule
Mulvaney Seeks To Change The Qualified Mortgage Rule
May 16, 2018  |  CFPB

Consumer Financial Protection Bureau (CFPB) acting director Mick Mulvaney is looking to change the Qualified Mortgage (QM) rule. “Our duty is to look at unduly...

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