What to do when your bank says ‘no deal’ to your mortgage application. Get to grips with the main reasons your mortgage application was declined and what you can do to boost your chances of your loan being approved next time you apply.
Most buyers apply to only one lender.
Mortgage servicer Ocwen Financial Corp said it would sell a portfolio of residential mortgage servicing rights worth $9.8 billion to Nationstar Mortgage Holdings Inc. Ocwen's shares were up 7.3 percent at $10.30 in premarket trading on Monday. The portfolio comprises about 81,000 performing loans owned by government-controlled mortgage finance firm Freddie Mac . The U.S. Federal Housing Finance …
Accenture introduced a new release of the Loan Fulfillment Center by Accenture Mortgage Cadence that offers e-signature functionality, enabling borrowers to electronical
A reader asked if it older homeowners should refinance for a lower mortgage rate if they don't expect to fully repay the loan in their lifetimes.
Dear Liz: I bought my first home about a year ago. Because I had very little money for the down payment, I have to pay private mortgage insurance, which is a whopping $385 each month. My burning question about this is: How can I get rid of it? There must be a way to pay the loan quicker or…
With interest rates still below 4%, you may be wondering if it's a good idea to refinance your mortgage. Here are some scenarios where it might make sense.
Are you buying or refinancing a home in a high-cost market and need a big mortgage loan? Here's how to find the loan program that works best for you.