RateZip, an independent consumer rates platform, has launched its RateZip Deposit/Mortgage Rates in the ChatGPT app directory. According to the company, RateZip Deposit/Mortgage Rates is a live rate service that lets ChatGPT answer questions about current US savings...
Gershman Mortgage has unveiled its 5-Day HELOC, a new standalone home equity line of credit product. According to the St. Louis-headquartered company, the 5-Day HELOC lets qualified homeowners borrow up to $750,000, with term options of 10, 15, 20, or 30 years. No...
Better Home & Finance Company (NASDAQ: BETR) has debuted the Better Home Equity Card, a prepaid debit card that enables homeowners to access funds drawn from their Better Home Equity Line of Credit (HELOC). The card, which is built on Stripe’s financial...
Finance of America Reverse LLC has unveiled HomeSafe Second Line of Credit, which is being promoted as the “industry’s first second-lien reverse mortgage line of credit.” According to the Plano, Texas-based company, the product enables homeowners age 55 and older to...
A former credit loan officer in Massachusetts was sentenced to 18 months in prison, followed by two years of supervised release, for defrauding his employer out of almost $1 million. According to the charges brought against him, Brian Socha was employed at MassMutual...
Mortgage Rates Reach 7.40%, Highest Since November 2023
