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Fed proposes permanent extension of real estate debt leniency

National Mortgage
Mortgage Finance
4 years ago

The Federal Reserve wants lenders to remain patient with commercial real estate borrowers that struggle to service their debts.In a,.. Read More;

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U.S. pending home sales dip for seventh time in 2022 as rates rise

National Mortgage
Mortgage Finance
4 years ago

A "Sold" sign in the window of a home under construction in the Ellerbe Estates subdivision in Dalzell, South Carolina,,.. Read More;

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Mr. Cooper executive expects many to sell MSRs due to rate shift

National Mortgage
Mortgage Finance
4 years ago

A wave of mortgage servicing rights sales is likely to emerge due to the impact of the shift in rates,.. Read More;

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Oversight of GSE compensation fell short, inspector general finds

National Mortgage
Mortgage Finance
4 years ago

Shifting personnel and duties at the Federal Housing Finance Agency led to a situation where it failed to properly monitor,.. Read More;

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U.S. Chamber, trade groups sue CFPB over policy to root out discrimination

National Mortgage
Mortgage Finance
4 years ago

The U.S. Chamber of Commerce and six trade groups sued the Consumer Financial Protection Bureau on Wednesday for enacting a,.. Read More;

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Hurricane Ian's damage to Florida homes could total $258.5B

National Mortgage
Mortgage Finance
4 years ago

Rain falls ahead of Hurricane Ian in Fort Myers, Florida, US, on Wednesday, Sept. 28, 2022. Hurricane Ian rapidly gained,.. Read More;

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PNC Bank taps Blend to digitize its mortgage services

National Mortgage
Mortgage Finance
4 years ago

One of the nation's leading bank lenders is partnering with Blend Labs to enhance its digital mortgage application process. Pittsburgh-based PNC,.. Read More;

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Mortgage activity falls, erasing prior week's gains

National Mortgage
Mortgage Finance
4 years ago

 Mortgage volumes decreased for the sixth time in seven weeks, as surging interest rates again drove down borrower incentive, according,.. Read More;

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Brokers and borrowers squeezed amid market turmoil

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Chancellor Kwasi Kwarteng cut income taxes, national insurance payments and stamp duty, causing the price of UK bonds to rise,.. Read More;

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Blog: Young landlords are good for the future of buy-to-let

Mortgage Finance Gazette
Mortgage Finance
4 years ago

I imagine the results could be fairly comical.   Unfortunately, the perception could be that they put profit before their tenants with,.. Read More;

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Record 935 loans withdrawn as volatile markets spook lenders: Moneyfacts

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The data group says a record 935 home loans were withdrawn on Tuesday, more than double the previous highest fall,.. Read More;

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Twenty7Tec sees mortgage searches soar 20%

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Twenty7Tec director of customer relationships Nathan Reilly says: “The increase in mortgage searches yesterday was particularly driven by the remortgage,.. Read More;

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