Mortgages Texas

Guild bursts into northeast with acquisition of RMS

Listed retail mortgage lender Guild Fund is looking for acquisitions, and has found a juicy target at Maine-based retail lender Residential mortgage service holdings. Acquiring RMS for $ 196.7 million (3.25x profits) gives Guild a substantial footprint in the Northeast and a multitude of buying activities. RMS, founded in 1991, …

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Ocwen Doubling the Origins of PHH Mortgage Loans

The acquisition of the corresponding credit business of Texas Capital Bank is expected to double the channel volume for PHH Mortgage. Non-bank mortgage lender and manager Ocwen Financial Corp. continues to pursue a strategy of building its loan services portfolio by expanding the loan origination activities of its subsidiary, PHH …

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Local homeowners shocked by thousands of unauthorized mortgage payments withdrawn from their bank accounts

Homeowners across the country, including eastern Suffolk County, woke up in shock this morning when they learned that their mortgage management agency had withdrawn several payments from their checking accounts overnight . Payments to the Texas-based mortgage management company known as Mr. Cooper have left checking accounts overdrawn and people …

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Mortgage interest rates today – CNET

Now is the time to get a great mortgage rate on the home of your dreams. Matt Elliott / CNET In response to market volatility at the onset of the COVID-19 pandemic, the Federal Reserve lowered its benchmark interest rate for the first time in more than a decade, creating …

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Millennials Hurry To Refinance Their Mortgages – Here’s Why

Millennials are increasingly choosing to refinance their mortgages, but low interest rates present financial opportunities for people of all age groups. (iStock) Federal Reserve policymakers aim to support the country’s economic recovery by keeping interest rates within the current 1.5% to 1.75% rate range. As a result, national mortgage refinance …

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