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 Loan Offerings Become Cost-Effective Way for Credit Unions to Court Millennials
Digital Loan Offerings Become Cost-Effective Way for Credit Unions to Court Millennials
January 16, 2023  |  Credit Unions

Offering new consumer-facing loan tools to digital-savvy customers doesn’t have to burst budgets. Credit unions have a long-standing reputation for being customer-centric but are caught...

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UK Mortgage Payments Hit Highest Level Since 2008
UK Mortgage Payments Hit Highest Level Since 2008
January 13, 2023  |  Real Estate

Mortgage costs relative to income in the United Kingdom have risen to their highest level in years. The latest data published by mortgage lender Nationwide...

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Wells Fargo Narrows Focus of Home Lending Business
Wells Fargo Narrows Focus of Home Lending Business
January 11, 2023  |  Banking

Wells Fargo is shrinking and simplifying its home lending business. The business will now focus on bank customers and minority communities, while the bank exits...

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CFPB Levies Record $3.7B Fine on Wells Fargo
CFPB Levies Record $3.7B Fine on Wells Fargo
December 20, 2022  |  Regulation

The CFPB fined Wells Fargo a $3.7 billion fine for its handling of loans and banking programs. The record penalty, announced Tuesday (Dec. 20), exceeds the...

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Digital Lenders Flood UK Mortgage Market as Battle Against Incumbents Grows
Digital Lenders Flood UK Mortgage Market as Battle Against Incumbents Grows
October 06, 2022  |  Digital-First Banking

As U.K. consumers become ever-more open to digital banking, the range of services offered by digital-first banks has been expanding to meet that demand. But...

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Redfin Adds Down Payment Assistance Information to Home Listings
Redfin Adds Down Payment Assistance Information to Home Listings
October 06, 2022  |  Real Estate

Saying it wants to help make homeownership more affordable, technology-powered real estate company Redfin has added a new feature to the home listings on its...

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FinTech IPO Index Flat as Billtrust Surges on Go-Private Deal
FinTech IPO Index Flat as Billtrust Surges on Go-Private Deal
September 29, 2022  |  IPO

Tech stocks have had a reckoning in the past several days — a rally proved short lived, a blip. But the FinTech IPO Index managed...

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Blockchain-Based Smart Contracts Can Cut Escrow Costs, Prevent Mortgage Fraud
Blockchain-Based Smart Contracts Can Cut Escrow Costs, Prevent Mortgage Fraud
September 28, 2022  |  Blockchain

When talking about crypto’s use in real estate, most people think about buying and selling property with bitcoins or tokenizing and fractionalizing property titles via...

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EMEA Daily: Half a Million People Take Advantage of Mortgage Holiday in First Two Days of Initiative; Tabby Picks up $150M Loan From PFG and Atalaya
EMEA Daily: Half a Million People Take Advantage of Mortgage Holiday in First Two Days...
August 03, 2022  |  emea

In today’s top news from Europe, the Middle East and Africa (EMEA), half a million Polish mortgage holders took advantage of a new government scheme...

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