Freddie and Fannie Will Pay Up
After gathering little attention for nearly a decade, the two GSEs, Fannie Mae and Freddie Mac are making news on several fronts. Two developments
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[ March 31, 2017 ] Macedonia Baptist Church celebrates retired mortgage Local News
The congregation, under the leadership of Pastor Billie Boyd-Cox, celebrated the retirement of its mortgage on March 26. âWe thank God for helping
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Two Greek lenders return to profitability in 2016
Greek lenders have been saddled with a mountain of bad debts caused by the country's economic crisis that wiped out more than a quarter of the
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Daily market update: March 31, 2017
30-year fixed-rate mortgage (FRM) averaged 4.14 percent with an average 0.5 point for the week ending March 30, 2017, down from last week when it
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Blackstone and Prudential Complete £11.8 Billion Deal For Bradford & Bingley Mortgages
U.S. private equity giant Blackstone and FTSE 100 insurance company Prudential have completed a deal to buy £11.8 billion of loans from the U.K.
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Money supply up 12.6% in February on strong bank lending growth
Money supply rose 12.6 percent year-on-year to P9.433 trillion in February on the back of sustained robust bank loan growth, preliminary Bangko
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Positive shift in the residential property market
While the residential property market in general has been experiencing a reduction in activity over the past two years, there are definite signs of a
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CA continues to lead most active housing markets in March
The spring buying season kicked off early this year, with homes on the market for 69 days in March â that's 22 fewer days than February and eight
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Mohawk Set to Grow on Solid Housing & Buyouts, Fx Woes Stay
Overall fundamentals of the housing market remained positive through 2016 and also showed some meaningful improvement in recent times. Steady
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Bank of Canada head says low rates not fuelling housing speculation -report
Bank of Canada head says low rates not fuelling housing speculation – … low interest rates are not fuelling speculation in the country's housing market,
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Loan defects rise as rates increase
Loan defects are inching upward in a market where higher rates could lead to more fraud risk. The frequency of defects, fraud and misrepresentation
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Corporate lending stock of Hungarian banks up in February
The corporate lending stock of Hungarian banks was up in February from the previous month as companies were net borrowers, while revaluations
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Mortgages â Affidavit â GLc 244, §17B
Where a U.S. District Court judge rejected a challenge to a mortgage foreclosure, the judgment must be vacated in part, as the defendant bank waived
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Most Mortgage Rates Steady, ARMs Decline
More good news on the mortgage rate landscape today: There were little, if any, changes in rates except for adjustable-rate mortgages (ARMs).
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Wells Fargo To Have Its Day In Court Concerning Defective Mortgages
The case against Well Fargo alleges that the bank failed as a trustee overseeing the defective mortgages. U.S. District Judge Katherine Polk Failla in
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Denmark should limit lending to highly indebted borrowers -council
COPENHAGEN, March 31 Denmark should tighten mortgage regulations for some of its most highly indebted households to help protect financial
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Government: rental payments aren't proof of mortgage affordability
Decisions around the availability of individual mortgage loans remain commercial decisions for lenders, and the government does not seek to
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Westpac CEO Hartzer: Housing market stretched, but no bubble
In an interview with The Weekend Australian to mark the bank's 200th anniversary next week, he said the property market was âcertainly complexâ,
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How Will Rate Hike Binge Affect Consumers and Lending Market?
At the March 14-15 policy meeting, Federal Reserve Chair Janet Yellen announced a hike in interest rates by 0.25 percentage points. The rate now
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Bradford & Bingley's £11.8 billion mortgages sold off as crisis nears end
A book of mortgages held by collapsed former building society Bradford & Bingley was today sold to the Prudential and fund manager Blackstone.
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