Vitaly Pecharsky, chief technology officer for the shopping site SlickDeals.net, is something of a credit card collector and has 40 active credit cards to show for his passion.
Home prices in China fell in March, indicating that the government's efforts to curb the property market boom are gaining further momentum.
A surge in mortgage banking income lifted Wells Fargo & Co's first-quarter profit by 13 percent, but its shares fell on concern that the bank is falling behind on its drive to cut expenses.
Wells Fargo & Co., the fourth-largest U.S. commercial bank, said Friday strong mortgage activity during the first quarter offset higher expenses to produce higher-than-expected revenue and profit.
U.S. 15-year fixed-rate mortgages dropped to a new record low of 3.11 percent in the week ending April 12, mortgage financier Freddie Mac said Thursday.
Mortgage rates fell this week over disappointing March job growth numbers, uncertainty about the ongoing debt crisis in Europe, and slower projected growth in corporate earnings, Bankrate.com reported Thursday in its weekly national survey.
The foreclosure activity in the US for the first quarter declined to the lowest level since the fourth quarter of 2007, according to a report by RealtyTrac.
American International Group Inc., the beleagued insurance company that was brought to its knees by the subprime mortgage collapse, is re-entering U.S. real estate investment later this year.
U.S. mortgage applications dropped 2.4 percent on a seasonally adjusted basis in the week ended April 6, compared to the prior week, the Mortgage Bankers Association said Wednesday.
Stock futures pointed to a higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 rising 0.1 to 0.3 percent.
Bank of America Corp's proposed $8.5 billion mortgage bond settlement received fresh opposition on Tuesday from New York's attorney general, who said the accord appears unfair to investors who may deserve to recover more.
The head of the Consumer Financial Protection Bureau proposed on Tuesday new regulations to hold mortgage servicers accountable, requiring them to provide more information and give struggling homeowners more options.
The American League of Lobbyists Monday decided to ask the U.S. Congress to approve a set of changes to current registration rules.
A former mortgage broker turned stripper is claiming she had a procedure done by fix-a-flat doctor Oneal Ron Morris and is now unable to strip and is facing foreclosure because the fake butt implant ruined her life.
The Obama administration wants Fannie Mae and Freddie Mac, which finance the bulk of U.S. mortgages, to start reducing loan balances for troubled borrowers, but with safeguards to prevent them from purposely defaulting to obtain relief.
A federal judge approved a $25 billion mortgage settlement with five top U.S. banks over allegations of foreclosure abuses and misconduct in servicing home loans, according to court documents.