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Bank profits fall amid economic uncertainty: FDIC

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON —  Bank profits declined in the first quarter as the country’s largest banks grew set-aside funds amid economic and,.. Read More;

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Wall Street is buying treasuries again in a bet that the worst is over

National Mortgage
Mortgage Finance
4 years ago

Across Wall Street, from BlackRock Inc. to T. Rowe Price Group Inc., some veterans of the bond market’s booms and,.. Read More;

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U.S. new-home sales plunge to lowest since start of pandemic

National Mortgage
Mortgage Finance
4 years ago

Rebecca Noble/Bloomberg Sales of new U.S. homes plummeted in April by the most in nearly nine years, dented,.. Read More;

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Rival sees advantages in ICE, Black Knight merger

National Mortgage
Mortgage Finance
4 years ago

The third largest loan origination system provider, Mortgage Cadence, sees an opportunity to pick up business if the merger between,.. Read More;

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Nonbank mortgage profits hurt by high costs in Q1

National Mortgage
Mortgage Finance
4 years ago

Higher costs, lower productivity and fewer applications making it through to closing explain why independent mortgage bankers made an average,.. Read More;

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Are we heading for 2008 2.0? Not so fast

National Mortgage
Mortgage Finance
4 years ago

Mark Calabria is in a familiar position: at odds with the broader world of housing market policymakers and analysts.The former,.. Read More;

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Two years after HELOC pullback, JPMorgan again eyes the business

National Mortgage
Mortgage Finance
4 years ago

JPMorgan Chase is considering offering more home equity lines of credit, a top executive said Monday, roughly two years after,.. Read More;

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Fed rate-hike pause in September may make sense, Bostic says

National Mortgage
Mortgage Finance
4 years ago

Raphael Bostic, president and chief executive officer of the Federal Reserve Bank of Atlanta, speaks to members of the Harvard,.. Read More;

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Ocwen stock buyback spotlights strategy nonbanks are weighing

National Mortgage
Mortgage Finance
4 years ago

Ocwen on Monday announced that it would be repurchasing up to $50 million in shares, employing a strategy publicly traded,.. Read More;

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Publicly traded lenders are managing margins by lowering volume

National Mortgage
Mortgage Finance
4 years ago

First quarter origination volume among the largest publicly traded mortgage lenders — both banks and nonbanks — was larger than,.. Read More;

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The 10 most popular markets for Gen Z home buyers

National Mortgage
Mortgage Finance
4 years ago

Gen Zer homebuyers are beginning to make a dent in the share of mortgage offers made in some of the,.. Read More;

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A $5 trillion wealth shock is cracking Americans nest eggs

National Mortgage
Mortgage Finance
4 years ago

David Paul Morris/Bloomberg The world’s richest nation is waking up to an unpleasant and unfamiliar sensation: It’s getting,.. Read More;

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