What Happens to the Mortgage When Your House Burns Down

If your house goes up in flames, does your obligation to pay your mortgage go with it? Borrowers are bound by the promissory note they sign at the closing of … Read More

Financial institution of America’s Latest Mortgage: 3% Down and No FHA

Financial institution of America Corp. BAC -2.34% is rolling out a new-mortgage product that might enable debtors to make down funds of as little as 3%, in a transfer that … Read More

Wells Fargo to Provide Low-Down-Fee Mortgages With out FHA Backing

Wells Fargo WFC 2.72% & Co. is rolling out a brand new mortgage for debtors making minimal down funds, an providing that would enable the financial institution to step again … Read More

The Fed dropped interest rates to 0% — what that means for your credit cards and bank accounts

The Federal Reserve’s decision to cut interest rates to zero isn’t good news for savers — or spenders. The Fed said Sunday that it was cutting its benchmark federal funds … Read More

Ocwen Swiftly Went on Counterattack Against the CFPB

Photo: Associated Press WASHINGTON—Five days after it was accused of illegally foreclosing on more than 1,000 struggling mortgage borrowers, Ocwen Financial Corp. OCN -4.91% turned to audacious action: It asked … Read More

discover the very best mortgage charges and lenders on-line

Comparability looking for most stuff is simple. You may store costs and get purchaser evaluations on-line for almost all the pieces. Mortgages, although? Completely different deal. The web is altering … Read More