Charles Schwab Bank, San Francisco, has announced that it has made its home equity line of credit disaster relief program available to assist families and individuals affected by Hurricane Frances.The relief program offers up to $25,000 as a new HELOC or as an increase to an existing one, the company said. The HELOC is available on a primary or a secondary residence, including residences that have sustained storm damage that would normally disqualify the property for such a credit line, Charles Schwab said. The same program is being offered to victims of Hurricane Charley. The company can be found on the Web at http://www.schwab.com.
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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
February 6 -
Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
February 6 -
The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
February 6 -
The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
February 6 -
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
February 5 -
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




