Mortgage Benefits Corp., Redwood City, Calif., has announced an agreement with Work & Family Benefits Inc., Parsippany, N.J., to bundle MBC's MortgageChoice Plan on WFB's My Life Values platform.Under the My Money section of the WFB platform, members will be able to access the no-cost MortgageChoice Plan (a group mortgage benefit offered through employer benefit packages) to buy, sell, and finance homes through a members-only group plan that offers a choice of providers, loan products, and group discounted pricing. MBC can be found online at http://www.mortgageplans.com.
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The threats to companies loom as borrowers face soaring homeowners insurance costs, ex-Ginnie Mae head Ted Tozer explains.
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The Federal Housing Administration, the Department of Veterans Affairs and the Federal Housing Finance Agency have started gathering data and analyzing how climate risk will impact the housing ecosystem.
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A special committee is exploring any possible structural "strategic alternatives," which would be aimed at increasing shareholder value, the real estate investment trust said.
April 22 -
An insurance-indexed debt-to-income ratio could help mitigate borrowers' rising premiums, and help maintain a healthy servicing portfolio, experts said.
April 22 -
But the number of properties whose mortgage is more than 90 days late is at its lowest since 2006, ICE Mortgage Technology said.
April 22 -
Industry leaders expressed a high degree of satisfaction with technology in use, but also said a product's cost is the most important criteria for them when partnering with vendors, according to Fannie Mae research.
April 22