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  2. Mortgage Electronic Registration Systems - Wikipedia

    en.wikipedia.org/wiki/Mortgage_Electronic...

    Mortgage Electronic Registration Systems, Inc. (MERS) is an American privately held corporation. [1] MERS is a separate and distinct corporation that serves as a nominee on mortgages after the turn of the century and is owned by holding company MERSCORP Holdings, Inc., which owns and operates an electronic registry known as the MERS system, which is designed to track servicing rights and ...

  3. Alexander Hamilton - Wikipedia

    en.wikipedia.org/wiki/Alexander_Hamilton

    Alexander Hamilton (January 11, 1755, or 1757 [a] – July 12, 1804) was an American military officer, statesman, and Founding Father who served as the first U.S. secretary of the treasury from 1789 to 1795 during George Washington's presidency.

  4. Mortgage - Wikipedia

    en.wikipedia.org/wiki/Mortgage

    A mortgage loan or simply mortgage (/ ˈ m ɔːr ɡ ɪ dʒ /), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged.

  5. American Express - Wikipedia

    en.wikipedia.org/wiki/American_Express

    Share of the American Express Company, 1865. In 1850, American Express was started as a freight forwarding company in Buffalo, New York. [13] It was founded as a joint-stock corporation by the merger of the cash-in-transit companies owned by Henry Wells (Wells & Company), William G. Fargo (Livingston, Fargo & Company), and John Warren Butterfield (Wells, Butterfield & Company, the successor ...

  6. OneWest Bank - Wikipedia

    en.wikipedia.org/wiki/OneWest_Bank

    On June 4, 2018, the company sold Financial Freedom, the unit responsible for servicing reverse mortgages. The transaction included selling mortgage servicing rights and $879 million of reverse mortgage whole loans and other real estate owned assets. [19] In January 2022, CIT was acquired by First Citizens BancShares. [20] [21]

  7. Debt - Wikipedia

    en.wikipedia.org/wiki/Debt

    The loan-to-value ratio is the ratio of the total amount of the loan to the total value of the collateral securing the loan. For example, in mortgage lending in the United States, the loan-to-value concept is most commonly expressed as a "down payment." A 20% down payment is equivalent to an 80% loan to value.

  8. Mr. Cooper - Wikipedia

    en.wikipedia.org/wiki/Mr._Cooper

    In 2020 Nationstar Mortgage was ordered to pay $73 million by Consumer Financial Protection Bureau to roughly 40,000 homeowners for failing to provide basic operations as a mortgage servicing company from the span of 2012 to 2016.

  9. Pretium Partners - Wikipedia

    en.wikipedia.org/wiki/Pretium_Partners

    Pretium was formed in 2012 by Donald Mullen who was a Partner at Goldman Sachs. [2] [4] [5] [6] Mullen was the head of Goldman Sachs’ mortgage and credit business and was one of the main architects behind the bet against the U.S. housing market in what became known as "The Big Short."

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