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CFPB officially proposes delay of QM changes

National Mortgage
Mortgage Finance
5 years ago

The Consumer Financial Protection Bureau made official the agency's plans to delay the compliance deadline for changes to its main,.. Read More;

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Mortgage applications require more time due to Fannie, Freddie change

National Mortgage
Mortgage Finance
5 years ago

The freshly overhauled application for government-related home financing, which became mandatory this past Monday, added another 30 to 60 minutes,.. Read More;

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Doma, once States Title, using SPAC to expand to appraisal, warranty

National Mortgage
Mortgage Finance
5 years ago

Title insurer Doma will use some of the proceeds from its special purpose acquisition company merger to move into the,.. Read More;

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Champion settles with NY AG for misleading reverse mortgage borrowers

National Mortgage
Mortgage Finance
5 years ago

New York Attorney General Letitia James settled a motion against Champion Mortgage for allegedly misleading its borrowers in need of,.. Read More;

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Logistics operator seeks portfolio recapitalization via large-loan CMBS

National Mortgage
Mortgage Finance
5 years ago

A portfolio of 18 industrial/logistics properties are being recapitalized through a first-lien mortgage loan that will back a new $425,.. Read More;

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Rockets Reddit-driven rally halts as shares decline premarket

National Mortgage
Mortgage Finance
5 years ago

Rocket Cos. fell premarket, halting a three-day rally driven by sentiment that the home-loan provider was the latest retail-trader favorite,.. Read More;

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Budget 2021: Stamp duty holiday extended to June with tapering to September

Mortgage Finance Gazette
Mortgage Finance
5 years ago

In today’s Budget the chancellor Rishi Sunak acknowledged due to the ‘sheer volume of transactions’ many property purchases would not,.. Read More;

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Budget 2021: 95% mortgage guarantee to launch next month

Mortgage Finance Gazette
Mortgage Finance
5 years ago

In his Budget speech today chancellor Rishi Sunak revealed Lloyds, Santander, Barclays and HSBC would be offering the government-backed mortgages,.. Read More;

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Rate spike mutes mortgage application activity with one exception

National Mortgage
Mortgage Finance
5 years ago

The recent jump in mortgage rates to a high not seen since last summer left application activity overall largely flat,.. Read More;

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Landbay introduces new deals to meet growing buy-to-let demand

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The new range is designed to cater for the growing number of people looking to invest in property and is,.. Read More;

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Paragon announces new five-year fixed rate buy-to-let deals

Mortgage Finance Gazette
Mortgage Finance
5 years ago

Both products, which come with a free mortgage valuation, are for buy-to-let customers borrowing through their personal names or via,.. Read More;

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The Tipton reports mortgage book growth of 7.2% despite Covid-19 challenges

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The Tipton achieved mortgage book growth of 7.2% with gross mortgage lending of over £77 million during the year, and,.. Read More;

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