Best-selling author David Bach and Wells Fargo Home Mortgage will kick off the first year of The Great American Homeowner Challenge on New Year's Eve in New York's Times Square.Representatives of Wells Fargo and FinishRich Media (Mr. Bach's company) will hand out promotional materials in Times Square on the Challenge, a three-year financial literacy campaign. Wells Fargo said Mr. Bach's forthcoming book, The Automatic Millionaire Homeowner, encourages renters, buyers, and current homeowners to view homeownership as the first step toward achieving financial freedom. The companies can be found online at http://www.finishrich.com and http://www.wellsfargo.com/challenge.
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The rise in completed modifications occurred as many other loan performance indicators plateaued, and may reflect the temporary impact of recent rule changes.
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The Department of Housing and Urban Development got 67 responses to its request for information regarding the FHA program's Minimum Property Requirements.
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Mortgage applications rose 0.4% on a seasonally adjusted basis from one week prior for the period ending June 26, according to the MBA's Market Composite Index.
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Homeowners accuse the home equity investment company of breaking the law for suggesting that its home equity investment product isn't a mortgage.
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The fee hike, which also raises the cost of assumptions, is part of the House pay-as-you-go rules to support a proposed expansion of veterans benefits.
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Mortgage fintechs are attracting investor attention and dollars with agentic AI processes in new origination-focused platforms and assistants.
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