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TOTAL U.S. household debt rose 0.9% from the prior quarter to $13.67 trillion in the first three months of 2019, accompanying a slowdown in new mortgage debt. / BLOOMBERG NEWS FILE PHOTO.SCOTT MCINTYRE

Americans kept borrowing in first quarter as new mortgages eased

NEW YORK – Americans continued to take on debt in the first quarter, though new mortgage borrowing slowed to the weakest level since late...
BUCKING THE TREND: Brian A. Azar, senior vice president and chief lending officer at Navigant Credit Union, speaks with Deborah Drechnowicz, center, mortgage underwriting supervisor, and Lisa Grimo, mortgage loan underwriter. Unlike most banks, which saw their mortgage loan volume go down, Navigant reported an 8 percent increase from 2017 to 2018.
 / PBN PHOTO/MICHAEL SALERNO

Mortgage rates increase, loan volume drops during tumultuous 2018

After a tumultuous stock market performance in 2018 – especially during the last month of the year amid holiday celebrations – many banks’ mortgage...

Mortgage shopping service Own Up now offered in Rhode Island

PROVIDENCE – A Boston-based company that serves as a personal shopping service for people seeking home mortgages is expanding its business into five states,...

Steven Vo Joins Home Loan Bank’s MA Mortgage Team

Steven Vo has joined Home Loan Investment Bank’s mortgage lending team as Massachusetts Area Branch Manager, covering the greater Boston area. He will be...

Housing finance still broken

Regulators have done a lot to reform the financial system since the 2008 crisis, but they still haven’t fixed the market where the trouble...
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