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U.S. existing-home sales fall a sixth month to over two-year low

National Mortgage
Mortgage Finance
3 years ago

Sales of previously owned U.S. homes fell for a sixth straight month in July in the latest indication of how,.. Read More;

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Mortgage rates drop as inflation concerns ease

National Mortgage
Mortgage Finance
3 years ago

Mortgage rates took a step back over the past week as inflation worries eased, Freddie Mac reported.The 30-year fixed-rate mortgage,.. Read More;

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House sales process hits slowest ever pace in July

Mortgage Finance Gazette
Mortgage Finance
3 years ago

This is a new record and stands well above the pre-pandemic average for July of only 6%, based on figures,.. Read More;

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Rural areas buck house purchase slowdown trend

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The estate agent says frustrated demand has helped drive July’s country market to its strongest period of transactional activity since,.. Read More;

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eConveyancer partners with Intra Private Finance

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The agreement will give brokers working for the directly authorised adviser with access to eConveyancer’s platform and its panel of,.. Read More;

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Emails uncovered in Trident redlining probe show troubling proof of intent

National Mortgage
Mortgage Finance
3 years ago

A senior loan officer posing with colleagues in front of a confederate flag.Loan officers exchanging company emails proclaiming: "Proud to,.. Read More;

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FHFA, Ginnie Mae jointly revise requirements for mortgage companies

National Mortgage
Mortgage Finance
3 years ago

The Federal Housing Finance Agency and Ginnie Mae jointly released updated minimum financial-eligibility standards for counterparties that turned out to,.. Read More;

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Home sales data shows the housing market is normalizing

National Mortgage
Mortgage Finance
3 years ago

The housing market is finally starting to normalize as home sales declined by a double-digit percentage while inventory similarly rose,.. Read More;

post

Mortgage trade groups for smaller lenders merge

National Mortgage
Mortgage Finance
3 years ago

A pair of trade groups dedicated to representing the interests of smaller-to-mid-sized mortgage lenders are merging.The Community Home Lenders Association,.. Read More;

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Rural Tennessee bank's new chair bets on mortgage growth in a tough market

National Mortgage
Mortgage Finance
3 years ago

Sonny Bringol, the new chairman of Farmers Bank in Parsons, Tennessee, is a former chemical engineer who got his start,.. Read More;

post

First-mortgage default rate gets closer to September 2020's high

National Mortgage
Mortgage Finance
3 years ago

The first-mortgage default rate in July rose closer to a high it hasn't reached in almost two years, according to,.. Read More;

post

How Wells Fargo's correspondent exit may impact the mortgage industry

National Mortgage
Mortgage Finance
3 years ago

Wells Fargo's potential exit from the correspondent production channel will be a positive for a mortgage origination business dealing with,.. Read More;

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