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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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Home price growth slowed at year-end: FHFA

National Mortgage
Mortgage Finance
3 years ago

Home prices moderated in the fourth quarter of 2021, slowing from the record pace set earlier in the year, but,.. Read More;

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Forbearance exits hit pandemic low, but re-entries are ticking up

National Mortgage
Mortgage Finance
3 years ago

Borrowers are exiting forbearance at the slowest pace since the early days of the coronavirus pandemic, the Mortgage Bankers Association,.. Read More;

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Black Knight renews Cenlar contract as focus on tech alliances grow

National Mortgage
Mortgage Finance
3 years ago

Sub-servicing giant Cenlar has signed a “long-term renewal” contract with technology provider Black Knight — a move that takes on,.. Read More;

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Better.com reportedly mulling layoff of nearly half its staff

National Mortgage
Mortgage Finance
3 years ago

Better.com could be gearing for a massive layoff affecting nearly half of its 9,300 workforce, according to a new report.The,.. Read More;

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