Mortgage 101: I've seen it. It's happening. Be prepared

Mortgage 101: I've seen it. It's happening. Be prepared

This may sound a little redundant as I feel as though I've been writing recent posts about being prepared to make an offer on a home purchase in a
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Sandler O'Neill downgraded Ally Financial (NYSE:ALLY) from Buy to Hold in a report released today.

Yesterday Ally Financial (NYSE:ALLY) traded -2.60% lower at $23.04. … and low-to-moderate income (LMI) mortgage loans originated by third parties.
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Beshear reaches $2.8M settlement with national mortgage recording company

Kentucky Attorney General Andy Beshear announced Tuesday a $2.8 million settlement his office has made with a national mortgage recording
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Gateway Mortgage Group Adds Chief Administrative Officer

JENKS, Okla.–(BUSINESS WIRE)–Gateway Mortgage Group, a privately held mortgage company offering originations, servicing and correspondent
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Current Mortgage Rates for Tuesday, February 28, 2017

Welcome to the Total Mortgage Current Mortgage Rates Blog. There's a decent bit of economic data out today, but first, your daily mortgage rate
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Beshear: Settlement with National Mortgage Recording Company Provides Better Protections for …

Attorney General Andy Beshear today announced a multimillion dollar settlement with a national mortgage recording company that will provide
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Invesco Mortgage Capital Inc.'s (IVR), a stock from Financial sector has a most recent value of …

Invesco Mortgage Capital Inc.'s (IVR ) , a stock from REIT – Diversified Industry, has a value of $15.28 per share, noted a price change of -0.20% in
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US Home Sales Up Despite Rising Prices, Mortgage Rates

This Jan. 26, 2016 file photo shows a “For Sale” sign hanging in front of an existing home in Atlanta.(John Bazemore, File/AP). U.S. home sales hit a
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Milwaukee and mortgage company partner to fight foreclosures

The City of Milwaukee and a mortgage company have found success teaming up in the fight against foreclosures, Mayor Tom Barrett and others will
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Lyon Living Receives $388.4M in Freddie Mac Loans to Refinance Multifamily Portfolio in …

The portfolio of seven multifamily properties includes Monarch Coast, a 418-unit community located in Dana Point, Calif. (Image courtesy of
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World Class Forms Commercial Mortgage-Lending Operation

World Class Mortgage Capital will originate senior mortgages, mezzanine loans and preferred equity on a fixed-rate and floating-rate basis. According
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Will Rising Mortgage Rates Force Loosening of Credit Standards?

WASHINGTON — With mortgage rates and housing prices both expected to go up this spring, lenders are facing a tough decision on how they will
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Cendant Mortgage DBA Burnet Home Loans vs Lopin

ASSIGNMENTS OF MORTGAGE: Assigned to: Mortgage Electronic Registration Systems, Inc.; Thereafter assigned to CitiMortgage, Inc., thereafter
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Over One Third of Borrowers Compare the Mortgage Process to Going to the Dentist According to …

FREEandCLEAR, a leading mortgage website, released the initial thought-provoking results from its inaugural Mortgage Survey. The mortgage survey
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Mortgage Rates Tuesday, Feb. 28: Turning Higher; Record Home Prices for 4th Month in a Row

Thirty-year and 15-year fixed rates, as well as 5/1 ARM rates, are all higher today, according to a NerdWallet survey of mortgage interest rates
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6 Financial Mistakes People Make When Applying For A Mortgage

Buying a home is a big decision; that's why it's a smart move to have as much information with you as possible when you go to the bank and apply for
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Defects, fraud on the rise in January mortgage apps

Defects, fraud and misrepresentation found in mortgage loan applications increased 5.8% in January, according to new data from First American
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Loughborough Building Society's buy-for-uni mortgage initiative could see students becoming …

The new scheme put forward by the Loughborough Building Society allows students in higher education in England and Wales to take out a loan for
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BankThink Time to correct overcorrections on credit availability

An analysis of 2015 Home Mortgage Disclosure Act data by the Center for Responsible Lending found lingering and disturbing disparities. The annual
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QuickTake: The Future of Fannie Mae and Freddie Mac

In today's “QuickTake,” Bloomberg's Vonnie Quinn takes a look at the road ahead for Fannie Mae and Freddie Mac under the Trump administration.
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Banking services of the future – Teslas or T-Model Fords?

Banking services of the future – Teslas or T-Model Fords?

The banking race of the future will be run in services, as the product-oriented approach finally bows out of the financial sector too. We use these
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Residential mortgage survey results for January 2017

Mortgage loans approved in January 2017 decreased by 12.9% compared with December 2016 to HK$28.3 billion. Among these, mortgage loans
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Ask Eli: Advice for Complex Mortgage Decisions

Question: We are buying and selling a home simultaneously and our lender has provided us with a few options to qualify for the purchase without
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Revenue Update on Invesco Mortgage Capital Inc(NYSE:IVR)

The Company is focused on investing in financing and managing residential and commercial mortgage-backed securities (MBS) and mortgage loans.
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Analyst Downgrades – Ally Financial (NYSE:ALLY) Stock Gets Downgraded By Sandler O'Neill …

Today, Ally Financial (NYSE:ALLY) stock was downgraded by Sandler … low-to-moderate income (LMI) mortgage loans originated by third parties.
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Training and Events Ranging From Cybersecurity to Taking an App; ECOA Legal Opinion

The International Union for Housing Finance is having its biannual Congress in Washington DC highlighting developments in mortgage markets
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Intraday Movers: Two Harbors Investments Corp (NYSE:TWO) , New York Times Company (The …

The company's target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, hybrid mortgage
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Illinois ~ Property Tax

Illinois ~ Property Tax

Illinois ~ Property Tax: Mortgage Assignments Were Not Subject to Real Estate Transfer Tax. February 28, 2017; CCHTaxGroup; no comments.
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Hiring for Non Voice Title Services for a Mortgage Process

Job Description for the post of Hiring for Non Voice Title Services for a Mortgage Process in Confidential in Bengaluru/Bangalore for 1 to 5 years of
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US banks' profits up 7.7 percent in Q4; lending grows

WASHINGTON (AP) — U.S. banks' earnings in the final quarter of 2016 rose 7.7 percent from a year earlier, as lending continued to grow and banks
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BRIEF-Freddie Mac February 2017 outlook

BRIEF-Freddie Mac February 2017 outlook

Feb 28 Kite Pharma Inc said on Tuesday its experimental CAR T-cell therapy, which helps the immune system fight cancer, was highly effective in
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Freddie Mac February 2017 Outlook

MCLEAN, VA–(Marketwired – Feb 28, 2017) – Freddie Mac ( OTCQB : FMCC ) … Quote: Attributed to Sean Becketti, Chief Economist, Freddie Mac.
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Simple steps to financing your first home

Simple steps to financing your first home

Yet, the abundant amount of paperwork involved in the home financing … Many real estate-focused websites have mortgage calculators that are a
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12 Banks shun mortgage financing

Twelve out of the 31 banks in the country do not offer mortgage loans to customers, data from the Bank of Ghana (BoG) has shown. The data, which
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4 High-Yielding REITs For Retirement

Blackstone Mortgage Trust (BXMT) is a commercial mortgage REIT that primarily originates and purchases senior mortgage loans collateralized by
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Wells Fargo Commits to Increase African American Homeownership

“We are proud to be the first mortgage lender to make a public commitment to help increase African American homeownership. And, we are grateful for
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Blackstone and Prudential in lead for Bradford & Bingley mortgages

A consortium of UK banks has agreed to provide a financing package of up to £12.5 billion in loans to fund the purchase by Blackstone and Prudential
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The Buy for Uni Mortgages Turning Students into Landlords

The last thing students graduating from university expect to have in this day and age is a mortgage – the student loan debt they have and difficulty in
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Research Reports on REIT Equities — Lexington Realty Trust, CyrusOne, Invesco Mortgage Capital …

… Mortgage Capital, which focuses on investing in, financing, and managing residential and commercial mortgage-backed securities and mortgage
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Virgin Money sees 12% rise in mortgage lending

Virgin Money sees 12% rise in mortgage lending

Virgin Money has reported a 12% rise in gross mortgage lending to £8.4bn, representing a market share of 3.4%. In its full year results, the lender
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Irish mortgage market starts the year strongly

The Irish mortgage market started the year strongly, new figures released today show, with the number of mortgages approved rising by nearly 41 per
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Irish mortgage market shows strong growth in early 2017

The average mortgage approved was up 7.9% on the year to €208,100. The growth of lending has come from volumes. There were 2,465 loans
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Nationstar Mortgage alleged to have violated Real Estate Settlement Procedures Act

21 in the U.S. District Court for the Southern District of Florida against Nationstar Mortgage LLC citing the Real Estate Settlement Procedures Act.
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30-Year vs. 5/1 ARM mortgage: Which Should I Pick?

When you apply for a mortgage, there are two basic varieties to choose from: fixed-rate or adjustable-rate. By far the most common mortgage product
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Virgin Money's profits surge on mortgage and credit card lending

Virgin Money saw annual profits climb 40 per cent on growth in its UK credit card and mortgage markets but the challenger bank warned of ongoing
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TABLE-Hong Kong's drawndown mortgage loans in Jan fall 14.9 pct on month

Feb 28 New mortgage loans drawn down in Hong Kong totalled HK$25.2 billion ($3.25 billion) in January, down 14.9 percent from a month earlier,
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Virgin Money profits pulled higher by mortgage growth

Its profits before tax increased to £194m from £138m in the previous year, which the company has attributed to “market-beating” growth in its mortgage
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Mortgage approvals soar as new lending rules and help-to-buy scheme kicks in

The number of people approved for a mortgage shot up last month as new rules on lending and the Government's help-to-buy scheme kicked in.
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With long list of demands, 10 lakh bank employees to go on strike today

With long list of demands, 10 lakh bank employees to go on strike today

The banking strike called by the United Forum of Bank Unions which has seven unions under its fold may not have any impact on the functioning of the
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Taylor Wimpey builds on solid housing market as it posts profit surge

A strong UK housing market helped Taylor Wimpey post a bumper set of results in 2016, as fears that Brexit may dampen demand for homes
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Banking services affected in Tamil Nadu , Puducherry following the strike by union

CHENNAI: Banking services remained affected across Tamil Nadu and neighbouring Puducherry following the strike, called by banking unions
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Editorial: School Choice Housing Booms

Yesterday VTDigger published a report on Vermont's weak housing market. Generally, realtors say, high-end homes aren't selling; inventory levels are
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No end in sight to India's slow-motion bank crisis

Banks have spent months dealing with the fallout of Prime Minister Narendra Modi's decision to withdraw 86% of India's currency. There still aren't
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Bank Strike Hits Operations, Clearance Of 40 Lakh Cheques Could Be Affected

Banking operations across the country were hit on Tuesday as 10 lakh employees staged a strike, said a bank union leader. The strike was called by
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Pittsburgh's Slow But Steady Growth An Asset For The Housing Market

Though Pittsburgh is below the national bench mark for housing appreciation rates, Pittsburgh Today says the region's slow and steady growth is an
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Why Toronto's condo rental market is being described as 'ridiculous'

Every day it feels like there is another headline about how impossible it is to buy a house or condo in our city. But have you tried renting lately?
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Mortgages for primary market deals drop by 16.9pc in January

Mortgages for primary market deals drop by 16.9pc in January

Mortgage loans financing primary market real estate deals dropped by 16.9 percent in January to HK$6.9 billion, those financing secondary market
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Zikher launches online lending platform

“Zikher's service can remarkably speed-up the lending process by building a real-time digital pipeline,” adds Freddy Beamen, Vice President at City
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New Government Action Unlocks Melbourne Property Market

“This is all about ensuring there is plenty of new housing coming to market to suit the varied needs of Victorian families, stay ahead of population
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Fewer people pay cash for homes, study says

Fewer Americans are paying for homes in cash, according to CoreLogic Data, but Havasu's housing market hasn't seen a decline in cash sales.
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BRIEF-Beijing Dalong Weiye Real Estate's unit plans real estate firm

Feb 28 New mortgage loans drawn down in Hong Kong totalled HK$25.2 billion ($3.25 billion) in January, down 14.9 percent from a month earlier,
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Aussie Property: Be Wary of These 5 Stocks

Trouble is brewing in Australia's housing market. Property prices Down Under have soared 70% in the last decade on the back of easy money policies
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Bank of Ireland lending to businesses increases by a third to £1bn in 2016

Overall, small business lending saw a 22% increase in 2016. The bank says that, “despite the headwinds”, demand for agri-business was also up,
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Unibank receives mortgage limit of AZN 5 million for 2017

Baku, Fineko/abc.az. Unibank has already given mortgage loans for a total amount of AZN 1.5 million. According to the Bank, the limit of AZN 2 million
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Online broker to enter major mortgage market

A South Australia-based online mortgage broker has revealed that it will enter the lucrative Sydney mortgage market next month after partnering with a
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Agent banking in a highly under-developed financial sector

Agent banking in a highly under-developed financial sector

Agent banking in a highly under-developed financial sector : evidence from the Democratic Republic of Congo (English)
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Reading on the Go at Union Station Lending Library

In the spring of 2015, The Union Station Redevelopment Corporation launched a lending library in Washington Union Station in Washington DC.
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Gov't starts crackdown vs 'five-six' lenders | SunStar

OVER 200 informal lenders have applied for registration before the Securities and Exchange Commission (SEC) after the government initiated a
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Sourcing Analyst

New Career Opportunity! Stericycle has an opening for a Sourcing Analyst- Real Estate in Northbrook, IL.
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China's real-estate high rollers help boost Macau

The windfall illustrates the close ties between the fortunes of the world's largest gambling hub and China's real estate market, in spite the government
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Virgin Money's 2016 profits rise as mortgage and credit card lending grows

Virgin Money Holdings plc (LON:VM.) reported a 33% increase in underlying pre-tax profit as lending and customer numbers grew. In the year to 31
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Mortgage rates hit lowest percentage since first week in December

Mortgage rates hit lowest percentage since first week in December … quarter-percent or more, taking lowest-fee mortgages back into the threes.I doubt
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Questor: the market has missed the turnaround story at this under-the-radar stock

This all sounds very promising, given the buoyant nature of the housing market and demand for cost and resource-efficient dwellings. Now it is up to
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Big bank credit ratings under threat from rising property prices, household debt

Australia's banks could have their stand-alone credit ratings cut by Standard & Poor's if household debt outpaces economic growth by 5 percentage
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Orange County sees significant gap between wages and housing prices

A housing wage is defined as the hourly wage an individual needs to afford housing without being cost burdened, which means they are allocating no
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China's leaders still banking on 'irreplaceable' central bank chief

Central bank governor Zhou Xiaochuan looks likely to remain in the post for a while as Beijing needs his experience and expertise more than ever to
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Singapore lending slumps after a 4-month winning streak

After four consecutive months of showing growth, bank lending in Singapore fell for the first time in January, easing 1.6% from $617.3b in December to
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Virgin Money Reports Annual Profit Jump Driven by Mortgage Sales

Virgin Money Holdings UK Plc, the lender backed by billionaire Richard Branson, reported a 41 percent increase in annual profit as it grew mortgage
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Mike Baird seeks respect for NAB on return to banking

Mike Baird has announced his return to the world of banking with a pledge to help make NAB the most respected of Australia's under-siege banks.
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Thinking beyond mortgage rates

It's important to look at terms, too, because the average Canadian will only have their mortgage for 3.8 years.
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