AmEx Unveils Mortgage Payments by Credit Card

American Express has announced a new program enabling members to make monthly home mortgage payments on the American Express card.American Home Mortgage Corp. will be the first lender to offer the Express Rewards Mortgage program for eligible prime loans, AmEx said. Cardmembers with qualifying loans with American Home will pay a one-time fee of $395 to the lender for enrollment in the program at closing. American Express said its research had indicated that members "overwhelmingly cited" monthly mortgage payments as "an ideal opportunity" to use the American Express card. The company can be found online at http://www.americanexpress.com.