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  2. Henry and Caroline Schrage House - Wikipedia

    en.wikipedia.org/wiki/Henry_and_Caroline_Schrage...

    It was built by Henry Schrage, a German immigrant, Union Civil War veteran, and a settler of Whiting’s Station. Schrage founded numerous businesses in Whiting, including the Bank of Whiting, today known as Centier Bank. [2] It is listed on the National Register of Historic Places (100006562). [3] [4] [5]

  3. Credit union vs. bank mortgage: How to choose - AOL

    www.aol.com/finance/credit-union-vs-bank...

    Credit unions vs. bank mortgages: How to choose the right lender. Banks make up a large portion of the mortgage market, but don’t overlook credit unions when shopping for a lender. These member ...

  4. Mortgage industry of the United States - Wikipedia

    en.wikipedia.org/wiki/Mortgage_industry_of_the...

    Mortgage loan financing relies more on secondary mortgage markets and less on formal government guarantees backed by covered bonds and deposits. [8] [9] Prepayment penalties are discouraged by underwriting requirements of large organizations such as Fannie Mae and Freddie Mac. [8] Mortgages loans are often nonrecourse debt, unlike most of the ...

  5. US single-family housing starts, permits rise to 10-month high

    www.aol.com/news/us-single-family-housing-starts...

    The U.S. central bank has reduced its benchmark overnight interest rate by 100 basis points to the 4.25%-4.50% range. The policy rate was hiked by 5.25 percentage points in 2022 and 2023.

  6. Mortgage servicer - Wikipedia

    en.wikipedia.org/wiki/Mortgage_servicer

    A mortgage servicer is a company to which some borrowers pay their mortgage loan payments and which performs other services in connection with mortgages and mortgage-backed securities. The mortgage servicer may be the entity that originated the mortgage, or it may have purchased the mortgage servicing rights from the original mortgage lender. [ 1 ]

  7. FCC warns of 50-state scam by fraudsters posing as mortgage ...

    www.aol.com/fcc-warns-50-state-scam-221235739.html

    Green Mirage scammers have impersonated more than 400 mortgage institutions and caused hundreds of thousands of dollars of losses to deceived homeowners, many of whom only learn of the fraud when ...

  8. Mortgage underwriting in the United States - Wikipedia

    en.wikipedia.org/wiki/Mortgage_underwriting_in...

    Credit is what the underwriter uses to review how well a borrower manages his or her current and prior debts. Usually documented by a credit report from each of the three credit bureaus, Equifax, Transunion and Experian, the credit report provides information such as credit scores, the borrower's current and past information about credit cards, loans, collections, repossession and foreclosures ...

  9. Average long-term US mortgage rate snaps five-week string of ...

    www.aol.com/news/average-long-term-us-mortgage...

    The average rate on a 30-year mortgage fell for the first time in four weeks, a slight relief for home shoppers already facing the challenges of rising housing prices and a shortage of homes for sale.

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