A sharp rise in mortgage rates over the last few weeks means it may already be too late for many homeowners to benefit from a refinance. This just as thousands were gaining equity in their homes and finally becoming eligible. At the same time, it is pushing some renters off […]
Tag: Mortgage
New York to sue BofA, Wells Fargo over mortgage practices
New York Attorney General Eric Schneiderman said on Monday he plans to sue Bank of America Corp and Wells Fargo and Co for violating the terms of a settlement designed to end mortgage servicing abuses. Schneiderman issued the announcement, which suggests lawsuits could be filed against the banks within two […]
Resort Savings & Loans introduces COT-free account
Bothered by the undue pressure on bank customers as a result of charges on transactions, Resort Savings and Loans Plc has introduced an account with zero COT charges. The Head of Business Development of the mortgage bank, Mr. Olayemi Popoola, made this known to journalists in Lagos on Thursday at […]
