Merrill Lynch has announced a limited-time offer under which clients can earn rewards points and closing cost credits when they finance or refinance their home through Merrill Lynch Credit Corp. and hold a Merrill+ or Visa Signature card.The company said Merrill+ cardholders are eligible to earn up to 45,000 rewards points and a $250 or $500 credit toward closing costs when they obtain a Merrill Lynch mortgage. Visa Signature cardholders are eligible to earn up to 15,000 points. The offer is valid on applications received by Dec. 31, 2004, in which financing closes after July 1, 2004, and before March 1, 2005, the company said. Reward points can be redeemed for a variety of travel options and merchandise. Merrill Lynch Credit can be found online at http://www.mlcc.com.
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A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2









