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Servicers anticipate further ramp-up in foreclosure activity

National Mortgage
Mortgage Finance
3 years ago

Servicers are broadly expecting foreclosure activity to accelerate, but they think the increase will be relatively small, according to a,.. Read More;

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Banks ask CFPB to crack down on data aggregators

National Mortgage
Mortgage Finance
3 years ago

Eight bank trade groups have petitioned the Consumer Financial Protection Bureau to define data aggregators as larger participants subject to,.. Read More;

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Late payments rise among low-income auto, card borrowers: Report

National Mortgage
Mortgage Finance
3 years ago

Late payments on credit cards and auto loans are starting to pile up after a lengthy period when government stimulus,.. Read More;

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Rithm Capital considering options in commercial RE

National Mortgage
Mortgage Finance
3 years ago

Rithm Capital, the real-estate investment trust previously known as New Residential, continues to look for growth — but for the,.. Read More;

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Mortgage firms are invested in non-QM for the long haul: Fitch

National Mortgage
Mortgage Finance
3 years ago

The new originators and aggregators that Fitch Ratings added to its residential mortgage-backed securities coverage are focusing on non-qualified mortgage,.. Read More;

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Equifax sent banks wrong credit scores for consumers, WSJ says

National Mortgage
Mortgage Finance
3 years ago

Equifax provided inaccurate credit scores on millions of U.S. consumers looking for loans, The Wall Street Journal reported, citing bank,.. Read More;

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Multifamily mortgage originations could drop by 10% in 2022

National Mortgage
Mortgage Finance
3 years ago

Multifamily mortgages had a banner year in 2021 and they're doing better than anticipated in 2022, according to recent mid-year,.. Read More;

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Ecology selects Jade ThirdEye to provide AML and financial crime solution

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Jade ThirdEye, a cloud-based managed service, will help the Ecology risk and compliance team to create, manage and change AML,.. Read More;

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June's pullback in home price growth was the largest in decades

National Mortgage
Mortgage Finance
3 years ago

U.S. home prices continued to soar in June, but their 12-month growth rate slowed more than it has since at,.. Read More;

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Opendoor shares fall after FTC deal on misleading advertising

National Mortgage
Mortgage Finance
3 years ago

Opendoor Technologies Inc. shares fell after the Federal Trade Commission announced that the firm settled allegations over misleading potential home,.. Read More;

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eConveyancer extends partnership with L&C Mortgages

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The integration will enable L&C to instruct approved conveyancers from eConveyancer’s bespoke panel of audited and benchmarked conveyancing firms from,.. Read More;

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Inflation, a Labour Bubble, and Another Fed Rate Hike | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
3 years ago

The Canadian economy is in the midst of being weaned off record levels of fiscal spending and the lowest borrowing,.. Read More;

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