mortgages

A mortgage loan or, simply, mortgage is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged.

Source: en.wikipedia.org

CFPB to Gather Comments on Data Collection in Mortgage Lending
CFPB to Gather Comments on Data Collection in Mortgage Lending
November 16, 2021  |  Loans

The Consumer Financial Protection Bureau (CFPB) is looking for input on implementing the Home Mortgage Disclosure Act (HMDA), which requires lenders to report information about...

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Ocrolus, Blend Announce Partnership to Automate Lending 
Ocrolus, Blend Announce Partnership to Automate Lending 
November 08, 2021  |  Partnerships / Acquisitions

Document automation platform Ocrolus and cloud banking platform Blend announced Monday (Nov. 8) a strategic partnership that will embed Ocrolus’ Human-in-the-Loop (HITL) document analysis solution...

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InsurTech Porch Group Buys SaaS Provider Floify
InsurTech Porch Group Buys SaaS Provider Floify
October 27, 2021  |  Partnerships / Acquisitions

Porch Group, which works in virtual software for the home services industry, has bought digital mortgage automation and point-of-sale (POS) company Floify, according to a...

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Deep Dive: How CUs Can Prevent Members From Switching FIs For Mortgages And Other Loans
Deep Dive: How CUs Can Prevent Members From Switching FIs For Mortgages And Other Loans
September 23, 2021  |  Credit Unions

Credit unions have a long history of earning top ratings in member satisfaction — with good reason. CUs offer many of the same services and...

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Live Support Is Key for Credit Unions to Elevate Loan Application Process
Live Support Is Key for Credit Unions to Elevate Loan Application Process
September 21, 2021  |  Credit Unions

Credit unions (CUs) have long been known for the personal relationships they build with their members. After the pandemic forced customers to adopt a digital-first...

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Fannie Mae Will Consider Rental Payment History for Mortgage Applications
Fannie Mae Will Consider Rental Payment History for Mortgage Applications
September 14, 2021  |  Real Estate

Starting Saturday (Sept. 18), mortgage financing giant Fannie Mae will consider rent payment histories when determining the creditworthiness of people looking to finance homes. The...

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Mortgaging The Future, Literally, With Bitcoin 
Mortgaging The Future, Literally, With Bitcoin 
August 18, 2021  |  Bitcoin

It’s well-known that – depending on the use case – cryptos are making some strides in mainstream commerce. On the retail side of the equation,...

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Report: 60 Pct Of Credit Union Members Look To Other FIs For Credit Products
Report: 60 Pct Of Credit Union Members Look To Other FIs For Credit Products
August 17, 2021  |  Credit Unions

Credit union (CU) members often feel a strong affinity for their CUs, but that is not always enough to keep them from using other financial...

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CFPB Unveils New Rules To Protect Against Foreclosures
CFPB Unveils New Rules To Protect Against Foreclosures
June 29, 2021  |  CFPB

The Consumer Financial Protection Bureau (CFPB) unveiled new protections for mortgage holders two days before the federal ban on foreclosures was set to expire. While...

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