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Appetite for expanded FDIC insurance is strong. Will it last?

National Mortgage
Mortgage Finance
3 years ago

First Internet Bancorp has been extending federal deposit insurance above the standard limit to its commercial customers for more than,.. Read More;

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In wake of failures, bank economists expect weaker credit quality, lighter lending

National Mortgage
Mortgage Finance
3 years ago

Bank economists surveyed by the American Bankers Association anticipate consumer spending power could come under pressure as lending standards tighten.Victor,.. Read More;

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Arch Insurance buys small business insurance provider

National Mortgage
Mortgage Finance
3 years ago

Arch Insurance, a mortgage insurance arm of Arch Capital, acquired Thimble, a New York-based company that offers quick insurance for,.. Read More;

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Feds go to court to put hold on ICE-Black Knight deal

National Mortgage
Mortgage Finance
3 years ago

The Federal Trade Commission has filed for a temporary restraining order and preliminary injunction to halt the Intercontinental Exchange-Black Knight,.. Read More;

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Mortgage credit rises thanks to more jumbo offerings

National Mortgage
Mortgage Finance
3 years ago

After coming in at its tightest in over a decade, residential lending credit loosened up marginally in March, thanks to,.. Read More;

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Federal Home Loan Banks get backing from advisers to Biden as criticism mounts

National Mortgage
Mortgage Finance
3 years ago

Two housing-policy experts whose previous recommendations have been closely followed by the Biden administration are defending the Federal Home Loan,.. Read More;

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Ex-Sprout CEO attempting to revive originator licenses

National Mortgage
Mortgage Finance
3 years ago

The leader behind one of the first mortgage companies to go out of business last year is attempting to revive,.. Read More;

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Advocates urge agencies to finish not start over pay-clawback rule

National Mortgage
Mortgage Finance
3 years ago

The unfinished Dodd-Frank rule would give the Federal Deposit Insurance Corp. more ability to claw back the compensation of failed-bank,.. Read More;

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Home Point a casualty of industry economics, analysts say

National Mortgage
Mortgage Finance
3 years ago

Last May, during its first quarter 2022 earnings call, Home Point Capital President and CEO Willie Newman emphasized that the,.. Read More;

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Bank crisis shows signs of easing as FHLB debt issuance shrinks in late March

National Mortgage
Mortgage Finance
3 years ago

The Federal Home Loan Bank system issued $37 billion in debt in the last week of March, a sharp drop-off,.. Read More;

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Excess workforce drove up loan production costs more than 20% last year

National Mortgage
Mortgage Finance
3 years ago

The swift pullback in borrower demand combined with a surplus of staff led nonbank lenders to post an average loss,.. Read More;

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Mortgage origination outlook brightens in March

National Mortgage
Mortgage Finance
3 years ago

The beginning of spring marked a reawakened housing market. After months of tempered housing activity, rate lock dollar volumes swelled,.. Read More;

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