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Wells Fargo again boosts its office-loan reserves as weakness persists

National Mortgage
Mortgage Finance
2 years ago

Wells Fargo is taking bigger precautions on its office building loans, setting aside more funds to cover potential losses as,.. Read More;

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Bank volume improvement doesn't translate to healthier margins

National Mortgage
Mortgage Finance
2 years ago

Mortgage banking results at JPMorgan Chase and Wells Fargo were slightly weaker than expected given the higher volume produced, an,.. Read More;

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Newfi rolls out non-QM correspondent channel

National Mortgage
Mortgage Finance
2 years ago

Newfi, a non-qualified mortgage lender based in Emeryville, Calif., has entered the correspondent channel, adding to its existing wholesale and,.. Read More;

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AG Mortgage and Terra Property Trust duel over purchase of competitor

National Mortgage
Mortgage Finance
2 years ago

Western Asset Mortgage Capital Corporation will have to weigh its options as two real estate investment firms duel over it. AG,.. Read More;

post

More good news for home builders, this time on supply costs

National Mortgage
Mortgage Finance
2 years ago

Building supply costs held steady in June, reflecting broader inflation trends and helping contribute to improved industry sentiment this year.The,.. Read More;

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Credit unions report a record-setting plunge in savings balances

National Mortgage
Mortgage Finance
2 years ago

Kinecta Federal Credit Union in California had total shares and deposits just below $6 billion at the end of the,.. Read More;

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Struggling borrowers seek help through self-service tech: report

National Mortgage
Mortgage Finance
2 years ago

Both servicers and mortgage borrowers under duress from natural disasters or other unexpected events are seeing benefits from self-service tools,,.. Read More;

post

The chaos wrought by the FOMC keeps unfolding

National Mortgage
Mortgage Finance
2 years ago

Enjoy complimentary access to top ideas and insights — selected by our editors. As we look forward to the start,.. Read More;

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Lenders dabble with ChatGPT as FTC begins OpenAI investigation

National Mortgage
Mortgage Finance
2 years ago

With the news of the Federal Trade Commission opening an investigation into OpenAI and its technology ChatGPT's potential potential harm,.. Read More;

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TSB raises 5-year purchase and remo loans by up to 50bps Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
2 years ago

,.. Read More;

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Broker searches for interest-only mortgages jump 53% in June: L&G Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
2 years ago

,.. Read More;

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Tenants required to provide guarantors almost doubles: Goodlord Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
2 years ago

,.. Read More;

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