Puerto Rico couple sues Fortaleza Equity Partners over mortgage dispute
February 20, 2025
Plaintiffs assert that Fortaleza wrongfully acquired their mortgage debt, leading to financial distress and emotional suffering. #NewsismyBusiness
chat_bubble1 Comment
visibility1949 Views
Urbital and VIG Mortgage partner to launch ‘new era’ in Puerto Rico real estate
June 10, 2024
The alliance promises faster property transactions with a fully digitalized mortgage process. #NewsismyBusiness
chat_bubble0 Comment
visibility1450 Views
Estudios Técnicos: Puerto Rico has ‘very serious’ housing affordability problem
May 17, 2024
High interest rates and an increase in the cost of homes are compounding the problem. #NewsismyBusiness
chat_bubble0 Comment
visibility2209 Views
Cabo Rojo to host free housing counseling event
April 29, 2024
The workshop is designed to educate on the buying process and financial assistance. #NewsismyBusiness
chat_bubble0 Comment
visibility1085 Views
PR Legal Aid urges mortgagers to adopt domestic violence protocol
September 14, 2022
"There is a very direct link between domestic violence and the risk of losing a home,” said Ariadna Godreau, executive director of the nonprofit.
chat_bubble0 Comment
visibility3187 Views
Oriental unveils online mortgage application platform
August 11, 2021
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 […]
chat_bubble0 Comment
visibility2498 Views
USDA extends COVID-19 relief for single-family housing borrowers
July 26, 2021
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 […]
chat_bubble0 Comment
visibility1779 Views
Sun West Mortgage launches conventional non-conforming loan program
April 20, 2021
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 […]
chat_bubble0 Comment
visibility3355 Views
Banking sector says Tax Reform principles are ‘step in the right direction’
May 16, 2018
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.”
chat_bubble0 Comment
visibility1598 Views
FirstMortgage launches new ‘Tu Hipoteca Online’ service
February 8, 2018
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.
chat_bubble0 Comment
visibility1762 Views
Local banks give clients 3-month reprieve on payments
September 27, 2017
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.
chat_bubble0 Comment
visibility3029 Views
Help for delinquent mortgagors headed to Gov.’s desk
June 28, 2016
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.
chat_bubble0 Comment
visibility2944 Views
HARP extension could help 9K Puerto Rico homeowners
May 26, 2015
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.
chat_bubble3 Comments
visibility5585 Views
Sun West Mortgage opens new Guaynabo headquarters
April 23, 2015
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.
chat_bubble0 Comment
visibility7226 Views
Sun West closes 95% of Ciudadela mortgage loans
October 28, 2014
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.
chat_bubble0 Comment
visibility2981 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA