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  2. Missing mortgage payments: How many can I miss before ... - AOL

    www.aol.com/finance/missing-mortgage-payments...

    If you miss one mortgage payment, lenders will often issue you a 15-day grace period to pay without incurring a penalty. If you miss four consecutive mortgage payments (or are 120 days late), most ...

  3. Loan servicing - Wikipedia

    en.wikipedia.org/wiki/Loan_servicing

    Loan servicing is the process by which a company (mortgage bank, servicing firm, etc.) collects interest, principal, and escrow payments from a borrower. In the United States, the vast majority of mortgages are backed by the government or government-sponsored entities (GSEs) through purchase by Fannie Mae, Freddie Mac, or Ginnie Mae (which purchases loans insured by the Federal Housing ...

  4. 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 ]

  5. Mortgage origination - Wikipedia

    en.wikipedia.org/wiki/Mortgage_origination

    A mortgage loan is a loan in which property or real estate is used as collateral. During this process, borrowers must submit various types of financial information and documentation to a mortgage lender, including tax returns, payment history, credit card information and bank balances.

  6. How to consolidate debt without hurting your credit

    www.aol.com/finance/consolidate-debt-without...

    A home equity loan is a second mortgage (at a fixed or variable interest rate). It gives you cash equal to a portion of the equity in your home. It gives you cash equal to a portion of the equity ...

  7. LoanDepot - Wikipedia

    en.wikipedia.org/wiki/LoanDepot

    LoanDepot was founded in 2010 by entrepreneur Anthony Hsieh, who had previously founded mortgage companies LoansDirect.com which he sold to E*Trade in 2001, and HomeLoanCenter.com, which he sold to LendingTree in 2004.

  8. Taylor, Bean & Whitaker - Wikipedia

    en.wikipedia.org/wiki/Taylor,_Bean_&_Whitaker

    On August 3, 2009, SIGTARP special agents raided the company's headquarters in Ocala, Florida, in connection with an investigation related to the company's acquisition of a majority stake in Colonial BancGroup, once one of the 25 biggest depository banks in the U.S. [3] Taylor, Bean & Whitaker had signed a deal on March 31, 2009, to become the majority owner of Colonial BancGroup in a $300 ...

  9. What is a debt consolidation loan — and can it help you lower ...

    www.aol.com/finance/what-is-a-debt-consolidation...

    Drawbacks of consolidating debt with a loan. It requires a hard credit check. Most lenders require a hard pull on your credit, which can lower your credit score temporarily by about five points.

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