Blockchain technology offers greater transparency, risk reduction and increased efficiency through automation with smart contracts and data immutability that could help the mortgage industry from the impending financial recession.
By Biser Dimitrov, Contributor. Forbes. Wed, 18 Sep 2019 16:27:00 -0400.
Zillow's Overland Park office could have an instrumental role in the company's plan to transform customer experience in the mortgage industry.
James Dornbrook. American City Business Journals. Fri, 21 Jun 2019 12:52:54 +0000.
General Electric Co on Tuesday put the remnants of its WMC Mortgage unit into bankruptcy, 11 days after paying a $1.5 billion U.S. fine over defective subprime mortgages issued by WMC before the 2008 financial crisis.
Reuters. Tue, 23 Apr 2019 11:00:47 -0400.
General Electric Co will pay a $1.5 billion civil fine to resolve a long-running U.S. investigation into defective subprime mortgages offered by its former WMC Mortgage unit prior to the 2008 global financial crisis.
Reuters. Fri, 12 Apr 2019 13:19:36 -0400.
In the wake of the financial crisis, the City watchdog introduced strict new rules to curb risky lending. In response banks cut back on the number of mortgages they offered to borrowers over 65.
Daily Mail. Tue, 29 Jan 2019 21:51:14 +0000.
Lenders are turning to borrowers with harder-to-document finances, helping drive growth in the kind of home loans that helped fuel the housing meltdown.
Wall Street Journal. Wed, 23 Jan 2019 13:34:29 EST.
With today's economy, many people have taken out or are currently contemplating taking out a second mortgage. Visitors can learn the differences between a home equity loan and a home equity line of credit.
A reverse mortgage is a special home loan that converts home equity into cash. Learn about when this type of mortgage is appropriate on this informative website.
This page lists the advantages and disadvantages of fixed-rate mortgages. Tips about knowing which type of mortgage is best for you are included.