Newrez launches TitlePass in its wholesale channel, waiving lender title insurance on eligible refis to cut borrower closing ...
A no-cost mortgage is one on which all lender fees are waived, and (subject to the possible exceptions described below) other fees are paid by the lender. The quid pro quo is a relatively high ...
The federal government is taking a closer look at mortgage fees, including discount points borrowers pay upfront to buy down their interest rate. These costs have increased in recent years, according ...
The Consumer Financial Protection Bureau (CFPB) will be closely scrutinizing what it described as “junk fees” imposed on borrowers when closing a mortgage. Its new priority has provoked strong ...
You’re thinking beyond the sticker price because a mortgage payment won’t tell the whole story […] ...
Discover what a utilization fee is and how it applies when lenders charge it to borrowers who exceed certain credit limits on lines or loans.
A proprietary reverse mortgage permits senior homeowners to access their home equity through private lenders, offering flexibility beyond federally insured loans.