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  2. Hilltop Holdings Inc. - Wikipedia

    en.wikipedia.org/wiki/Hilltop_Holdings_Inc.

    Hilltop Holdings is a financial holding company that provides business and consumer banking services from locations all around Texas via its primary subsidiary, PlainsCapital Bank. A wholly owned subsidiary of PlainsCapital Bank, PrimeLending, provides mortgage lending services with offices throughout the United States. Hilltop Securities Inc ...

  3. Mortgage bankers: Who they are and what they do in home ... - AOL

    www.aol.com/finance/mortgage-bankers-home...

    Mortgage bankers may be able to get multiple offers from institutions they work with, and they can also originate all types of loans, giving you flexibility in the type of loan you can apply for.

  4. Subprime lending - Wikipedia

    en.wikipedia.org/wiki/Subprime_lending

    Under a typical subprime mortgage made during the housing boom, a $500,000 loan at a 5.5% interest rate for 30 years results in a monthly principal and interest payment of approximately $2,839.43. In contrast, the same loan at 8.5%, under a typical 3% adjustment cap for 27 years (after the adjustable period ends), results in a payment of about ...

  5. Loan modification in the United States - Wikipedia

    en.wikipedia.org/wiki/Loan_modification_in_the...

    These disruptions have led to a precipitous decline in sub-prime lending, a significant reduction in the availability of Alt-A loans, and higher interest rates on jumbo loans (see Chart 3). The tightening in mortgage credit has placed further downward pressure on home sales and home prices, a situation that now could derail the U.S. economic ...

  6. PHH Corporation - Wikipedia

    en.wikipedia.org/wiki/PHH_Corporation

    Between April 30, 1997 and February 1, 2005, PHH was a wholly owned subsidiary of Cendant Corporation (now known as Avis Budget Group) and its predecessors that provided mortgage banking services, facilitated employee relocations and provided vehicle fleet management and fuel card services. [citation needed]

  7. Fed meets Wednesday: 5 crucial ways a rate cut will reshape ...

    www.aol.com/finance/what-does-fed-rate-cut-mean...

    Employment data. A healthy job market reflects a strong economy, and the Fed closely watches unemployment rates and new job data to time its rate changes and avoid inducing a recession. Overall ...

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