American Express Co. will allow consumers to charge monthly mortgage payments, making them eligible for perks including reward points on airline travel and hotels.
The American Express Rewards Mortgage program is starting with American Home Mortgage Corp. of Melville, N.Y. Pasadena-based IndyMac Bancorp Inc. will join the program later this year, and the New York-based company is recruiting other lenders in the more than $1-trillion U.S. mortgage market, American Express spokeswoman Christine Elliott said.
