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Powell: Nonbanks need structural reforms, not Fed backstop -
Nonbank mortgage employment drops in November -
Fed's Kashkari supports aggressive rate hikes to curb 'surge price' inflation -
N.Y. Fed warns of debt crunch coming if Biden's student-loan plan fails -
Will scrutiny of the Federal Home Loan Bank System lead to change?
- Sep 9-10, 2024|San Diego, CA
A former housing regulator confirmed that he anticipates a release from conservatorship would occur if Trump's elected, adding to other signs a plan is brewing.
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The Hammond, Louisiana, company, which announced changes to its business strategy, cut 71 jobs and reduced its dividend to 8 cents per share.
July 30
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Michigan-based University Bancorp is paying $30 million for a 50.5% stake in a business Voxtur acquired for $101 million in 2022.
July 30
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Nearly all of the business came from home purchases, but reflecting the decline in mortgage volume and a revived Federal Housing Administration offering, fewer people overall used the product.
July 30
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Election speculation about policy change at Fannie Mae has boosted its stock slightly this year. It's also profitable, but there's much more to consider.
July 30
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In the top city, 27.43% of mortgages were offered to Gen Xers.
July 30
Those who raced ahead of the pack of loan originators last year went the distance by offering exceptional customer service, catering to niche pockets of demand in the market.
These are the best of the best, the nation's 50 most productive mortgage originators by dollar volume.
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Over the weekend Republican vice presidential nominee Sen. JD Vance, R-Ohio, said setting interest rates should be a "political decision" with input from elected officials.
August 13
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Rocktop, Candor name new technology heads, Servicelink finds national sales executives and Cornerstone Capital sets its eyes on growth.
August 13
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The change in medical debt reporting initiated by the three credit bureaus did not go far enough as 15 million Americans are still impacted, the groups led by the National Consumer Law Center said.
August 12
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The FHA-loan market, in particular, saw the share of piggyback originations increase over two years, while the pace of growth in conventional lending was more muted, Corelogic said.
August 12
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The increase in refinance volume in July took place before the mortgage rate collapse in early August that brought the share to over 25%, Optimal Blue data showed.
August 12
