Plaintiffs assert that Fortaleza wrongfully acquired their mortgage debt, leading to financial distress and emotional suffering. #NewsismyBusiness
The alliance promises faster property transactions with a fully digitalized mortgage process. #NewsismyBusiness
High interest rates and an increase in the cost of homes are compounding the problem. #NewsismyBusiness
The workshop is designed to educate on the buying process and financial assistance. #NewsismyBusiness
"There is a very direct link between domestic violence and the risk of losing a home,” said Ariadna Godreau, executive director of the nonprofit.
Aware of the high demand for mortgages and to expedite the process of qualifying for a mortgage loan, Oriental has developed a new digital solution for the benefit of those who are applying for a mortgage or refinancing a property. The new option streamlines the mortgage prequalification process, provides information about the process, and provides […]
The U.S. Department of Agriculture announced it is extending the COVID-19 Special Relief Measure for USDA’s Single-Family Housing Guaranteed Loan borrowers. The special relief measure provides new alternatives to help borrowers get up to a 20% reduction in their monthly mortgage principal and interest payments, said Luis R. García, USDA Rural Development acting state director […]
Sun West Mortgage Company has introduced its conventional non-conforming loan program, becoming the only US based mortgage bank to offer it in Puerto Rico, and the first one to launch this product in more than 15 years, it confirmed. The mortgage company, which marking its 10th anniversary of operations on the island, provides technology solutions […]
Members of Puerto Rico’s banking sector testified at a House hearing to analyze the new Tax Reform under review, saying its principles are “step in the right direction.”
As part of its corporate strategy of constant innovation, FirstMortgage announced the launch of its new website, "Tu Hipoteca Online," which expands upon its mortgage origination services.
Two of the island’s major banks, Banco Popular and FirstBank, stepped up Tuesday to help consumers during the hurricane-invoked emergency, offering three-month moratoriums a number of payments, including on mortgages and credit cards.
Mortgage holders behind in their payments just got some help from the Puerto Rico Legislature though the bill still needs Gov. Alejandro García-Padilla's signature.
More than 9,000 homeowners in Puerto Rico could save an average of $182 a month, or approximately $2,200 a year, on their mortgage loans as the result of the extension through 2016 of the Home Affordable Refinance Program and the Home Affordable Modification Program, federal authorities said this month.
After four years of having successfully established itself on the island, mortgage finance company Sun West Mortgage Company inaugurated Wednesday its new expanded headquarters in Guaynabo’s Maramar Square, from where it will collaborate with offices in the U.S. mainland and the U.S. Virgin Islands.
Sun West Mortgage Company Inc. announced Monday it has closed 95 percent of the mortgage loans filed for apartments at the Ciudadela high-rise in Santurce.
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