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Freddie Mac sells four pools in $1.2B NPL offering to three investors

National Mortgage
Mortgage Finance
4 years ago

Freddie Mac has sold roughly $1.2 billion worth of nonperforming loans to three investors, and is continuing to market an,.. Read More;

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Regulators offer more clarity on Libor transition as deadline nears

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — The federal banking agencies in coordination with state regulators released guidance Wednesday that offers a clearer picture of,.. Read More;

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Rocket Pro TPO rolling out several enhancements to its broker tech

National Mortgage
Mortgage Finance
4 years ago

Rocket Pro TPO introduced a number of enhancements to its mortgage broker technology offerings, including a product designed to boost,.. Read More;

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Growth-hungry banks see opportunity in home renovation boom

National Mortgage
Mortgage Finance
4 years ago

As Americans continue to spend big on home improvement projects, banks are seizing the opportunity — both by embracing organic,.. Read More;

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Fannie Mae prices first credit risk transfer deal since pandemic

National Mortgage
Mortgage Finance
4 years ago

Government-sponsored enterprise Fannie Mae, fulfilling a promise made last month, priced its first structured single-family credit risk transfer since the,.. Read More;

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2021 Election Promises: Housing Policies

GLM Mortgage Group
Mortgage Finance
4 years ago

A few weeks ago we had a Federal Election. Throughout the election campaign, many promises were made from all parties,.. Read More;

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Former San Francisco officials face mortgage fraud allegations

National Mortgage
Mortgage Finance
4 years ago

Former San Francisco Public Utilities Commission head Harlan Kelly is facing new federal charges of bank fraud and conspiracy to,.. Read More;

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Mortgage volumes tumble, with average loan sizes also decreasing

National Mortgage
Mortgage Finance
4 years ago

Mortgage activity dropped off last week, as rising interest rates helped put the brakes on both new purchases and refinances.The,.. Read More;

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Cost of moving home up 12%, says Moneysupermarket

Mortgage Finance Gazette
Mortgage Finance
4 years ago

As people move house on average 5.5 times during their lifetime, this equates to a total of £4,116 – up,.. Read More;

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Blend to launch income verification product

National Mortgage
Mortgage Finance
4 years ago

After nearly a year in development, Blend Labs took another step toward making the financial services sector more efficient in,.. Read More;

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House price growth jumps to 10.6% in August

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Office for National Statistics data show that the average house price across the UK reached £264,000 in August, an increase,.. Read More;

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Proportunity raises over

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The latest funding round, following one in 2020 that resulted in £7.3m of investment, was led by VentureFriendes, Kibo Ventures,,.. Read More;

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