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Slowing mortgage forbearance improvement sets up recovery challenges

National Mortgage
Mortgage Finance
5 years ago

With the first round of CARES Act-related forbearance periods approaching their 12-month expiration, millions of distressed borrowers will need further,.. Read More;

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Ginnie Maes first eNote securitization encourages more adoption

National Mortgage
Mortgage Finance
5 years ago

In the wake of a record year for volume, Ginnie Mae has accepted its first mortgage security backed entirely by,.. Read More;

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Mortgage forbearances rise for second week in a row

National Mortgage
Mortgage Finance
5 years ago

The number of mortgages in coronavirus-related forbearance swelled at the end of the month, rising in consecutive weeks for only,.. Read More;

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AMCs sudden surge makes winners of Silver Lake, Mudrick

National Mortgage
Mortgage Finance
5 years ago

The populist equity-market uprising that has fueled triple-digit gains for AMC Entertainment Holdings Inc. and other stocks is spurring big,.. Read More;

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People on the move: Jan. 29

National Mortgage
Mortgage Finance
5 years ago

Open Mortgage, Aces Quality Management, Verity Global Solutions, Cherry Creek Mortgage and InterLinc Mortgage Services all announced hirings and promotions.,.. Read More;

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Vegas mall that lost 95% of value might be just the beginning

National Mortgage
Mortgage Finance
5 years ago

The Prizm Outlets mall, about a 40-minute drive south of Las Vegas on the California border, lost 95% of its,.. Read More;

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Home Point IPO size cut likely connected to GameStop market turmoil

National Mortgage
Mortgage Finance
5 years ago

The ongoing market turbulence tied to GameStop and other stocks favored by Redditors may have played a role in the,.. Read More;

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New CFPB boss vows to get tough on military lending, pandemic relief laws

National Mortgage
Mortgage Finance
5 years ago

The Consumer Financial Protection Bureau's new leader is vowing to move quickly to penalize mortgage servicers, banks and other financial,.. Read More;

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Biden administration likely to cut FHA premiums despite credit risks

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — A little more than a week into President Biden’s term, mortgage industry experts and investors are already pricing,.. Read More;

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U.S. new-home sales rose in December for first time since July

National Mortgage
Mortgage Finance
5 years ago

U.S. new-home sales rose in December for the first time in five months, capping the best year since 2006 and,.. Read More;

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Mortgage rates drop on renewed worries about COVID-19 and the economy

National Mortgage
Mortgage Finance
5 years ago

Mortgage rates fell for a second straight week, primarily due to increased anxiety about the pandemic and its effects on,.. Read More;

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John Grundhofer, former U.S. Bank CEO, dies at 82

National Mortgage
Mortgage Finance
5 years ago

Former U.S. Bancorp Chairman John “Jack” Grundhofer, who turned around a struggling bank in Minneapolis and built it into what,.. Read More;

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