Tag Archives: mortgage

Amerisave On the Hook for Alleged Mortgage Scheme

The Consumer Financial Protection Bureau is ordering Amerisave Mortgage to pay $19.3 million, alleging the lender scammed thousands of customers with a bait-and-switch mortgage-lending...

Amazon and Google as Mortgage Brokers?

Apparently, many people would prefer to get a mortgage through Google or Amazon. A new study by consulting firm Accenture reveals that a large number of Americans would be willing to...

How to Make Mortgage Approval Easier

With new mortgage rules and regulations in place, buyers may face more obstacles when applying for a mortgage. “Buying a home is likely the biggest purchase anyone will make, and...

Mortgage Applications Rise 0.9% in Latest Week

For the third consecutive week, mortgage applications rose as interest rates dropped, the Mortgage Bankers Association reported Wednesday. Mortgage applications, reflecting those for...

CitiGroup Wants to Increase Its Mortgage Business

Citigroup Inc. is buying up home loans from other lenders as it seeks to increase its share in the mortgage business. “We want to grow,” Jane Fraser, the chief executive...

Mortgage Delinquencies Drop by Double Digits

The mortgage delinquency rate nationwide stood at 3.61 percent at the end of the first quarter of 2014, down more than 24 percent compared to the same time a year ago, according to the...

Electronic Mortgage Closings Next Hot Thing?

The Consumer Financial Protection Bureau says it plans to test electronic mortgage closings, which the agency hopes will give consumers more time to review mortgage documents prior to...

Mortgage Applications End 5-Week Decline

Following five weeks of declines, mortgage applications for refinancing and home purchases bounced back, rising 4.3 percent last week compared to the prior week, the Mortgage Bankers...

Mortgage Applications Bounce Back

After four weeks of big declines, applications for home mortgages, viewed as a leading gauge of future home sales, reversed course and ticked up 9.4 percent last week, the Mortgage...

Multifamily Ready for Another Strong Year, Mortgage Giants Say

The multifamily sector is poised for a healthy 2014, but after this year, growth is expected to moderate to more historical levels, according to a new analysis by Freddie Mac and...