NeighborWorks America will receive up to $1.275 million from The Homeownership Preservation Foundation, Minneapolis, to support homeownership education and foreclosure prevention.The partnership will link the HPF's toll free number, which offers free foreclosure prevention counseling and advice, with NeighborWorks' national network of organizations that provide homeownership education and counseling. The HPF has committed to grant up to $425,000 over the next 12 months and may contribute an additional $850,000 over the next two years based on the success of the program. The HPF can be found online at www.hpfonline.org.
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Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
12m ago -
Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
27m ago -
While home lenders are seeing a decrease in issues coming through mobile channels, phone fraud spiked last year, accounting for 28% of losses, a new report found.
2h ago -
The massive mortgage business saw a first quarter profit mitigated by nearly $300 million in hedging losses.
April 24 -
The Consumer Financial Protection Bureau has seen excessive property-inspection charges, fees that loan mods should eliminate and improper line-item labels.
April 24 -
Michael Tannenbaum, whose experience in the financial services industry spans over 15 years, has a track record of helping companies scale and grow.
April 24