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Are Sprout, FGMC failures a harbinger of hard times for non-QM?

National Mortgage
Mortgage Finance
3 years ago

Sprout Mortgage abruptly shut its doors on Wednesday, multiple LinkedIn posts from former employees confirmed.Attempts to contact Sprout for comment,.. Read More;

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Better.com hires new execs, still mum on merger

National Mortgage
Mortgage Finance
3 years ago

Better.com announced a slew of leadership hires Thursday, breaking an uneasy silence after a tumultuous first half of the year,.. Read More;

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FHFA makes translations of language preference form available

National Mortgage
Mortgage Finance
3 years ago

The Supplemental Consumer Information Form is now available in the six most-spoken languages in the U.S. on the mortgage translations,.. Read More;

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Foreclosure stay can be broadly interpreted, 2nd Circuit affirms

National Mortgage
Mortgage Finance
3 years ago

The U.S. Court of Appeals for the Second Circuit on Wednesday affirmed foreclosure restrictions applied to a limited liability company,.. Read More;

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Mortgage rates drop 40 basis points as economic worries mount

National Mortgage
Mortgage Finance
3 years ago

Mortgage rates tumbled last week after a surge in mid- June, as talk of a recession grows louder, according to,.. Read More;

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Former Fed Gov. Tarullo sees systemic risk in 'irrelevant' Federal Home Loan banks

National Mortgage
Mortgage Finance
3 years ago

Former Federal Reserve Gov. Daniel Tarullo and two Fed economists are calling for more oversight of the Federal Home Loan,.. Read More;

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Fannie Mae, Freddie Mac should run chattel lending test now: study

National Mortgage
Mortgage Finance
3 years ago

Housing advocates have long pushed for government-sponsored enterprises Fannie Mae and Freddie Mac to launch a pilot program for backing,.. Read More;

post

Half a billion paid out in compensation: FSCS

Mortgage Finance Gazette
Mortgage Finance
3 years ago

It says that approximately 132,000 claims decisions were made in total, with payouts concerning 1,614 different firms, 66 of which,.. Read More;

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Searches fall and products withdrawn in June: Twenty7Tec

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The company says it hosted 1,354,788 product searches last month, a 10% fall on May. It adds that there were,.. Read More;

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House prices see strongest growth since 2007, says Halifax

Mortgage Finance Gazette
Mortgage Finance
3 years ago

This is the strongest annual growth rate seen since late 2004. It translates to a monthly rise of 1.8%, itself the,.. Read More;

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Home price growth in May decelerated at its fastest pace since 2006

National Mortgage
Mortgage Finance
3 years ago

The annualized price gain for homes in May fell more than a percentage point, marking the largest drop of this,.. Read More;

post

Title insurers are prepared for impending downturn: Fitch

National Mortgage
Mortgage Finance
3 years ago

Andrey Popov/Andrey Popov - stock.adobe.com Title insurance underwriters are well-prepared to survive the economic pressures roiling the U.S.,,.. Read More;

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