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Pennymac results didn't meet management's expectations

National Mortgage
Mortgage Finance
2 months ago

PennyMac Financial Services admitted its second quarter results failed to meet expectations because of high interest rates, as well as,.. Read More;

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Warsh welcomes yield spikes as 'change for the better'

National Mortgage
Mortgage Finance
2 months ago

Key insight: Federal Reserve Chair Kevin Warsh hailed rising market interest rates between Federal Open Market Committee meetings as a,.. Read More;

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What loan officers really think holds back housing activity

National Mortgage
Mortgage Finance
2 months ago

Housing supply and consumer financial worries appear to have a larger effect than headline mortgage rates in subduing the current,.. Read More;

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Home sellers are cutting prices as pipelines slow

National Mortgage
Mortgage Finance
2 months ago

Buyers finally have leverage, but they aren't using it, and that gap is now the central problem in purchase lending. Processing,.. Read More;

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Two Harbors ends run as a profitable company

National Mortgage
Mortgage Finance
2 months ago

In what is likely its final report as a publicly traded company, Two Harbors Investment will be going out on,.. Read More;

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Treasuries jolted as Fed hold trims September hike bets

National Mortgage
Mortgage Finance
2 months ago

US Treasury yields shifted dramatically after the Federal Reserve kept interest rates steady, pushing bond traders to pare back their,.. Read More;

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Ginnie Mae approves BSI Financial as eIssuer, eSubservicer

National Mortgage
Mortgage Finance
2 months ago

Ginnie Mae has approved mortgage fintech platform BSI Financial Services as both an eIssuer and eSubservicer under its digital collateral,.. Read More;

post

Citadel Securities' Fed rate hike call adds to market angst

National Mortgage
Mortgage Finance
2 months ago

(Bloomberg) -- Ahead of the Federal Reserve's policy decision later Wednesday, bond traders are on edge. While most expect policymakers,.. Read More;

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Fannie Mae results show purchase market surprisingly strong

National Mortgage
Mortgage Finance
2 months ago

Fannie Mae's net income jumped to its highest point in over a year amid a seasonal revenue surge that outweighed,.. Read More;

post

Loandepot, West Capital Lending to argue LO Comp Rule suit

National Mortgage
Mortgage Finance
2 months ago

A federal judge will soon weigh whether a lender can sue a competitor for violating the Loan Officer Compensation Rule,.. Read More;

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Ex-CFPB official nominated to lead NJ consumer affairs

National Mortgage
Mortgage Finance
2 months ago

Christopher Peterson, a former Democratic gubernatorial candidate in Utah and former advisor at the Consumer Financial Protection Bureau, has been,.. Read More;

post

Milliman gains MSR hedging scale with Blue Water buy

National Mortgage
Mortgage Finance
2 months ago

Milliman has acquired from Apex Analytics the Blue Water mortgage servicing rights valuation and hedging business.Processing ContentTerms of the deal,,.. Read More;

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Zillow files motion to dismiss third amended RESPA complaint

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Lenders should prep for possible loosening of some FHA rules

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Property claim volume falls but payouts become costlier

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Fed's Jefferson: discount window reforms help Treasury market

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BINOM's latest non-QM pool supports $328.8 million in RMBS

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Canadas Big Six banks jointly explore digital deposits network - CMT News

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