When it comes to mortgages, experience apparently isn't the best teacher. Recent findings by the federal Consumer Financial Protection Bureau, which oversees mortgages and credit cards, among other things, show that almost half of U.S. borrowers don't shop for home loans.
The California Housing Finance Agency announced today the details of its 2015 Mortgage Credit Certificate program, a statewide program that enables first-time homebuyers to convert a portion of their annual mortgage interest into a direct dollar-for-dollar tax credit on their U.S.
Mortgage Banking is an important sub-segment in JPMorgan Chase's Consumer & Community Banking segment. It mainly issues loans for housing and improvements.
Wholesale One, the national mortgage broker cooperative, today announced three charter mortgage broker members and the addition of two wholesale investors to the cooperative platform.
Sindeo, a modern mortgage marketplace that helps people plan and shop for the right home loan in a more timely, competitive and transparent way, announced today the latest members to join its management team.
Dear Dr. Don, I switched to a 15-year mortgage about four years ago. There's now about 11 years left on the note. The interest rate is 4.75 percent. I'm curious how a $50,000 one-time payment made toward interest affects the payoff date.
In Fairwood, dreams of black wealth foundered amid the mortgage meltdown
WASHINGTON — When the federal government's consumer protection agency for financial matters tells you how to shop for a good deal on a home mortgage, you should follow the advice, right?
Ocwen Financial Corp. (OCN) is under siege by mortgage-bond investors who are accusing the home-loan servicer of “imprudent and improper” practices that constitute a default.
By Karen Freifeld NEW YORK (Reuters) – Major mortgage bond investors including BlackRock , MetLife and Pimco on Friday took a first step toward suing Ocwen Financial Corp , accusing it of having failed to properly collect payments on $82 billion of home loans, according to a person familiar with the matter and to documents seen by Reuters. The group sent a formal notice of non-performance to …