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

LendingTree: US Consumer Debt Approaching $4T   
LendingTree: US Consumer Debt Approaching $4T  
November 30, 2018  |  Debt

LendingTree said in its debt report for the month of November that based on recent holiday shopping and credit card spending, credit card balances will...

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Rising Interest Rates And The Changing Mortgage Market
Rising Interest Rates And The Changing Mortgage Market
November 27, 2018  |  Loans

Climbing interest rates are taking their toll on the number of consumers in the market for new home mortgages. Mortgage applications for new homes are...

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Online Lender SoFi Sees $12M Loss In Q3
Online Lender SoFi Sees $12M Loss In Q3
November 12, 2018  |  Earnings

Online lender Social Finance (SoFi) continues to struggle, recording an adjusted loss of around $12 million during the third quarter before interest, taxes, depreciation and amortization. The...

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Wells Fargo Found More Customers Who Were Wrongly Foreclosed
Wells Fargo Found More Customers Who Were Wrongly Foreclosed
November 06, 2018  |  Loans

Wells Fargo said Tuesday (Nov. 6) that an underwriting error internally prompted it to reject home loan modifications, which resulted in the bank foreclosing on...

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Mortgage Rates Near 5 Percent For First Time In Several Years
Mortgage Rates Near 5 Percent For First Time In Several Years
October 11, 2018  |  Loans

Mortgage rates reached a high that hasn’t been seen in longer than seven years when they inched up close to 5 percent on Wednesday (Oct....

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Homebuilder Downgrade A Tough Housing Market Harbinger?
Homebuilder Downgrade A Tough Housing Market Harbinger?
September 21, 2018  |  Real Estate

Caution, warns a sell side analyst regarding homebuilder stocks, and the sector swoons. Get the Full Story Complete the form to unlock this article and...

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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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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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. Get the Full Story...

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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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