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Co-operative Bank posts first annual profit in decade as it moves mortgages in-house

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The firm posted a £31.1m pre-tax profit in the year to the end of December, swinging from a £103.7m loss,.. Read More;

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Fed capital policy puts community development aid out of some banks' reach

National Mortgage
Mortgage Finance
3 years ago

WASHINGTON — A landmark Treasury Department program designed to invest billions in poor communities around the U.S. through specialized financial,.. Read More;

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Million-dollar home listings dry up for wealthy suburban buyers

National Mortgage
Mortgage Finance
3 years ago

A home in Greenwich, Connecticut. Daniel Acker/BloombergWealthy young urbanites are in a race to the U.S. suburbs. But they’re already,.. Read More;

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Mortgage insurer 4Q results bolstered by strong loan performance

National Mortgage
Mortgage Finance
3 years ago

However, all but one company did less business in the most recent period than during the third quarter, and new,.. Read More;

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CSMC floats $251 million in non-QM mortgage-backed securities

National Mortgage
Mortgage Finance
3 years ago

A pool of 616 non-prime mortgages will collateralize CSMC 2022-ATH1, a $251 million transaction sponsored by DLJ Mortgage Capital, Inc.Credit,.. Read More;

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Property tax delinquency rate falls back near pre-pandemic levels

National Mortgage
Mortgage Finance
3 years ago

The national average for property-tax delinquencies improved in 2021 after deteriorating the previous year, falling within striking range of pre-pandemic,.. Read More;

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Mortgage volumes come in at slowest pace since late 2019

National Mortgage
Mortgage Finance
3 years ago

The dropoff in mortgage lending activity in the early weeks of 2022 continued, with new applications at their lowest in,.. Read More;

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As mortgage cyber threats evolve, more self-testing is needed

National Mortgage
Mortgage Finance
3 years ago

Mortgage leaders are wary of the increasing cybersecurity risks pervading with the industry’s digital migration, yet many admit they aren’t,.. Read More;

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Bank of Canada and the Economic Recovery

GLM Mortgage Group
Mortgage Finance
3 years ago

At the end of January, the Bank of Canada held its target for the overnight rate at the effective lower,.. Read More;

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Whistlebrook receives ICAEW accreditation for WBEIR

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The ICAEW Accreditation Scheme is the most widely recognised accreditation scheme in the UK for financial software and the Evaluation Report,.. Read More;

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Metro Bank results show pre-tax loss of

Mortgage Finance Gazette
Mortgage Finance
3 years ago

For the financial year ending 2020, the bank’s results showed a before tax loss of £311.4m. Within its latest results, Metro,.. Read More;

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NatWest Markets invest

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The funding will facilitate LiveMore’s portfolio growth and loan origination for interest-only mortgage products. The lender says it is now in,.. Read More;

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