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FCA estimates over 750,000 homes risk default, 47,000 mortgage prisoners - Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

In a letter to the House of Commons Treasury select committee released earlier this week, the FCA chief executive Nikhil,.. Read More;

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How Wells Fargo's correspondent exit changes the game

National Mortgage
Mortgage Finance
3 years ago

Wells Fargo's decision to exit the correspondent origination channel and reduce the size of its mortgage servicing portfolio will have,.. Read More;

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LiveMore reinstates fee-assisted mortgages, lowers RIO age limit - Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The later life lender, which focuses on those aged 50 to 90-plus, adds that it has dropped the minimum age,.. Read More;

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Foreclosures filings rose 115% in the past year

National Mortgage
Mortgage Finance
3 years ago

Default notices, scheduled auctions and bank repossessions collectively rose in the past year meeting servicer expectations to a degree, but,.. Read More;

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Housing-market funk has lumber traders expecting rally to fizzle

National Mortgage
Mortgage Finance
3 years ago

The chill in North America's housing market has lumber traders saying the commodity's recent rally may not have much more,.. Read More;

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Flurry of bank-related MSR deals go up for bid

National Mortgage
Mortgage Finance
3 years ago

Multiple sellers affiliated with depositories put mortgage-servicing rights portfolios up for bid this week, including one large $4.85 billion bulk,.. Read More;

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Blend cuts 340 workers amid executive shakeup

National Mortgage
Mortgage Finance
3 years ago

Blend Labs is laying off hundreds of employees and reshuffling its leadership in one of the technology vendor's biggest shake,.. Read More;

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CFPB proposes rule to rein in nonbank arbitration contracts

National Mortgage
Mortgage Finance
3 years ago

The Consumer Financial Protection Bureau proposed a rule Wednesday to rein in arbitration clauses in a second attempt to block,.. Read More;

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Purchase applications fall to 9-year low

National Mortgage
Mortgage Finance
3 years ago

New loan activity picked up at the start of 2023 after a steep decline at the end of December, even,.. Read More;

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Zoopla agrees comprehensive software contract with Persimmon

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The contract, signed for an undisclosed sum, means that all of the FTSE 100 housebuilding group’s housing stock will be,.. Read More;

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Mortgage shelf life time sinks to joint-record low, Moneyfacts says

Mortgage Finance Gazette
Mortgage Finance
3 years ago

This time last year, the average shelf life for a mortgage product of any type stood at 28 days. Meanwhile, total,.. Read More;

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Encode email to EEAMortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The later life lender, which focuses on those aged 50 to 90-plus, operates by examining the credit history, income, pensions,.. Read More;

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