MBA Names New MORPAC and MAA Chairmen

MBA Names New MORPAC and MAA Chairmen

The Mortgage Bankers Association (MBA) has named two highly regarded mortgage industry leaders to chair the Mortgage Bankers Association
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December losses cap worst year since 2012 for Canada home sales

Nationwide, sales totaled 458,442 for the year, a drop of 11% which was the biggest since 2008, the Canadian Real Estate Association said Tuesday
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Evanson Asset Management Has Trimmed Johnson & Johnson (JNJ) Position; Federal National …

Some Historical JNJ News: 23/05/2018 – ADVISORY: JJ Ruest, CN interim … Federal National Mortgage Association Fannie Mae (FNMA) investors
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Single-Family Rent Prices Up 2.9 Percent

Single-family rent prices nationwide increased 2.9 percent year-over-year in November, according to new data from CoreLogic. This was slightly
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E-commerce Returns Provide Growth Opportunities for Industrial Real Estate Developers

Of the $500 billion in online U.S. sales last year, $75 to $150 billion worth of merchandise was returned, including $37 billion returns from holiday
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Hampered by scandals, Wells Fargo's profits stagnate

NEW YORK (AP) — Wells Fargo, the consumer banking giant, said its fourth-quarter profits fell slightly on Tuesday as the bank remains restrained by
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Mortgage stress test blamed for 25 per cent drop in BC home sales

A near-25 per cent drop in B.C. home sales in 2018 is being “largely” attributed to the mortgage stress test that was introduced in January 2018, which
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In coworking era, pricey urban real estate does double duty

In coworking era, pricey urban real estate does double duty … Union Square Park may be an unlikely symbol of today's shifting real estate market.
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Examining CRA International, Inc.'s (NASDAQ:CRAI) Weak Return On Capital Employed

Today we'll evaluate CRA International, Inc. (NASDAQ:CRAI) to determine whether it … But note: CRA International may not be the best stock to buy.
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Insider Buying: Sherritt International Corp (S) Insider Acquires 57500 Shares of Stock

Sherritt International Corp (TSE:S) insider Karen Lynn Trenton purchased 57,500 shares of the business's stock in a transaction dated Friday,
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The Government Shutdown Is Bad. But It Could Get Much Worse

Airport security screeners could quit en masse, grounding flights. The federal courts could stop hearing civil cases. City buses could stop running.
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Wells Fargo revenue misses on consumer banking weakness

Year ago revenue was $22.1 billion. Profit at Wells Fargo's community banking business fell to $3.17 billion from the $3.47 billion it earned a tear ago.
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EPA Prosecutions Against Polluters Lowest in 30 Years

Jeff Ruch, executive director of the organization Public Employees for Environmental Responsibility, told Fortune in an email that the decline in
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Colorado real estate markets to vary locally in 2019

Despite market trend predictions from experts and economists of a possible downward shift in real estate in 2019, the Colorado Association of
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Donnybrook Fair in breach of banking covenants ahead of sale

The Doyles had provided personal guarantees of €6.3 million to Bank of Ireland. A note to the accounts says the couple had also given the bank
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Banking with Nutmeg State Financial Credit Union

John Holt, President and CEO of Nutmeg State Financial Credit Union, is sharing reasons you might want to consider banking with him and his team
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IBM to slash more than 300 mortgage-servicing jobs

More than 300 IBM mortgage employees will lose their jobs by March, the company has announced. According to a notice that IBM filed last week with
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Geisha Williams' departure from PG&E means there are now no Latina Fortune 500 CEOs

Williams, who was the first and only Latina woman to head a Fortune 500 company, was named CEO in 2017. Her departure marks the first exit of a
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Blackstone close to raising record $20 billion real estate fund

Blackstone is close to raising the largest-ever real estate fund, at $20 billion. The multinational private equity and asset management company would
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Verizon Slaps 'Spam' Fees on Remind, a Free Service Teachers Use to Text Students

In a statement to Fortune, Verizon said the fee is intended to offset the cost it incurs in reducing “spam and dangerous text messages” while reducing
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Rents may be increasing, but homebuying costs are rising even faster

Rents may be increasing, but homebuying costs are rising even faster

But the gap between the cost to own and the cost to rent will only continue to widen, according to a new report by Freddie Mac. The mortgage finance
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Millions could be priced out of the new-home market

According to Freddie Mac data, interest rates have been moving down in recent weeks. Freddie reported last week that the 30-year fixed-rate
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Meyer Handelman Co Increases Stake in At & T (T); As Discover Financial Services (D (DFS) Stock …

… FEBRUARY INTO MARCH; 14/05/2018 – Freddie Mac: Krenitsky Joins Freddie Mac From Discover Fincl Services; 26/04/2018 – Discover Financial
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Real Estate Lawyers On The Move

Hough represents lenders on origination of Freddie Mac and Fannie Mae financing. Earlier in her career she was vice president and deputy general
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Nashville Luxury Project Gets $93M Refi

The 11-year Freddie Mac loan, originated by KeyBank, retires $70 million in construction financing taken from the same lender in late 2015. Located at
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As Discover Financial Services (DFS) Shares Declined, Calamos Advisors Has Boosted by …

$2.58B; 16/04/2018 – Discover Financial Services: Net Principal Charge-Off Rate 3.3% as of March 31; 14/05/2018 – Freddie Mac: Krenitsky Joins
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GSEs address URLA questions in updated FAQ

… redesigned Uniform Residential Loan Application, also known as form 1003, Fannie Mae and Freddie Mac recently highlighted “new” and “updated”
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BankFinancial (BFIN) Analysts See $0.23 EPS; Reven Housing REIT Has 3 Sentiment

… 2018 as well as Businesswire.com's news article titled: “Reven Housing REIT, Inc. Secures $51.3 Million Freddie Mac Financing – Business Wire”
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PRG Group Buys Luxury Charlotte Community for $49M

Capital One provided a $32.4 million Freddie Mac acquisition loan to the buyer. The loan matures in February 2030. In November, the lender
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Walmart Splits With CVS After a Battle Over Prescription Costs

Walmart Inc. pharmacies will no longer be part of the networks where most consumers with CVS Health Corp. drug plans can pick up their
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May Loses Brexit Vote in Landslide, Faces Confidence Vote

If it is successful, there will be 14 days for a new government to be formed, or a general election will be scheduled. pic.twitter.com/htRZFnsidX.
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Phoenix Housing Forecast for 2019: A More Modest Year Ahead?

Recent forecasts for the Phoenix, Arizona real estate market suggest that home prices could continue rising through 2019. The local housing market
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Research house expects slight lending rate hike

A modest bump in the prime lending rate is expected this year, assuming the Bank of Thailand raises the policy rate one more time in 2019, says
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Dimon says JP Morgan 'won't be stupid' with loans as end of business cycle nears

When a recession finally takes hold, defaults will rise as consumers and corporations struggle to repay debts, and lenders that aggressively took on
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Top Landscaping Trends of 2019: Jazz Up Your Yard With These Must-Haves

What are the top landscaping trends of 2019? The National Association of Landscape Professionals dropped its annual forecast of this year's
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TPG Specialty Lending Inc (NYSE:TSLX) is Sound Income Strategies LLC's 5th Largest Position

Sound Income Strategies LLC decreased its position in TPG Specialty Lending Inc (NYSE:TSLX) by 3.0% in the fourth quarter, according to its most
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Growth of real estate market expected in Azerbaijan

Baku, Azerbaijan, Jan. 15. By Huseyn Valiyev – Trend: Real estate market is expected to grow 20-30 percent in Azerbaijan in 2019, which will be
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How viable is Nigeria's retail lending space?

Diamond Bank says the real buy-side of Nigeria's retail credit lies in its quality numbers as about 20 percent of the country's predominantly young
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Santander hires health care professional for specialized banking post

Santander Bank has hire a health care professional to lead one of its specialized banking groups. The $74.2 billion-asset subsidiary of Spain's Banco
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Here's why Matthews International Corporation's (NASDAQ:MATW) Returns On Capital Matters So …

Today we are going to look at Matthews International Corporation … I will like Matthews International better if I see some big insider buys. While we
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Pot Firm Attacked by Short Sellers Won't Rule Out More Aphria Deals

Pot Firm Attacked by Short Sellers Won't Rule Out More Aphria Deals

SOL Global Investments Corp., the cannabis firm that short sellers singled out for allegations of insider self-dealing, is pursuing future investments and
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VW and Ford Are Joining Forces to Build Pickup Trucks and Vans

“VW and Ford's basic alliance will do little to excite shareholders as it merely focuses on vans and pickups,” Bloomberg Intelligence analyst Michael
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Real Estate Forum: Embracing Change

The Tax Cuts and Jobs Act (TCJA) has certainly been a hot topic, and now is the time to understand how the intersection of TCJA and real estate
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Inside Reverse Mortgage Alternatives: QuantumRE

“A reverse mortgage is one solution for people that don't have cash-flow,” Sullivan told RMD. “What we're saying is that we now have another solution
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Quick take: Aeon Credit jumps on money-lending licence approval

Quick take: Aeon Credit jumps on money-lending licence approval … trade after the housing ministry granted a money lending license to the company.
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Avamore increases lending by 35% in 2018

The lender also said its average loan size jumped by more than 50% over the same period, with a total of 35 deals completed in the year. Avamore
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China Ramps Up Tax-Cut Strategy as Lending Stabilizes

The government in China is increasingly turning to tax cuts as the first line of defense against a slowing economy. Credit data show a gradual stimulus
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Trulia hires a new chief economist

However, the company also wields significant influence over the real estate industry by providing economic analysis on an array of housing trends.
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Trump's Attempt to Bypass Democratic Leaders on Wall Falls Flat

President Donald Trump's attempt to bypass Democratic congressional leaders to break open negotiations on the government shutdown fell flat as he
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RateSetter passes £3bn lending milestone

The P2P lending platform originated over £700m of new lending in 2018, while the amount of active loans under its management has grown to £820m.
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House Votes to Disapprove Steve King's White Supremacy Comments

The House passed a resolution of disapproval stemming from Representative Steve King's comments on white supremacy, and the Iowa Republican
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Can the Cable Cowboy Wrangle the Debt for His Latest Deal?

While there is crossover in markets such as Panama and Costa Rica, the footprint is broadly complementary, with Liberty focusing on the Caribbean
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Arbor Realty Trust (ABR) Gains But Lags Market: What You Should Know

Prior to today's trading, shares of the real estate investment trust had gained 3.84% over the past month. This has outpaced the Finance sector's gain
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BIS updates minimum capital requirements for market risk

The European Council has informed Securities Lending Times that there will be “no delayed implementation” to the SFTR, after reports of an extension
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Metro Detroit home sales: New year, same trends?

It's a new year, but the “new you” cliché doesn't exactly apply to metro Detroit's residential real estate market. Existing condominium and single-family
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Ranger Direct Lending Makes Kenary Executive Director To Aid Wind-Up

LONDON (Alliance News) – Ranger Direct Lending Fund PLC has made a non-executive director's role executive to help with the company's wind-up.
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RateSetter Milestone: Online Lender Surpasses £3 Billion in Lending

UK based peer-to-peer lender RateSetter announced on Tuesday it has surpassed £3 billion in online lending. RateSetter reported that the milestone
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The Connection Between Alternative Energy Technology and Building Trends in the Intermountain …

The widespread approval of alternative energy solutions in the Silver State comes in the wake of emerging trends in the real estate sector. Nevada's
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IPO for Canadian Equityline Mortgage Investments closes Friday

Canada-based Equityline Mortgage Investments Corporation (ELMIC) says it will implement online direct marketing practices to attract prospective
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Tax-cut strategy implemented as lending stabilizes

Tax-cut strategy implemented as lending stabilizes. – Wednesday, January 16, 2019 – 1 min ago No Comments 2 Views. China's government is turning
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JP Morgan Feels Market Volatility Despite Record Q4 Profit

JP Morgan Feels Market Volatility Despite Record Q4 Profit

JP Morgan Chase became the latest Wall Street bank to report the damage of December's volatile market conditions, disclosing a decline in revenues
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New York State Senate Moves to Protect Minors From Gay Conversion Therapy

The New York state Senate voted to become the 15th state to ban gay conversion therapy on minors Tuesday, legally declaring that “being lesbian,
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Netflix Raised Prices and the Stock Market Rewarded It. How Will Consumers React?

Netflix's stock rose nearly 7% Tuesday on news that the streaming-video giant will raise its monthly subscription fees. While Wall Street seemed to
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Despite Its High P/E Ratio, Is Ctrip.com International, Ltd. (NASDAQ:CTRP) Still Undervalued?

Then, a lower P/E should attract more buyers, pushing the share price up. Ctrip.com International saw earnings per share improve by -3.1% last year.
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Mantech International Corp (MANT) Shares Bought by Vanguard Group Inc

Vanguard Group Inc lifted its position in Mantech International Corp … BidaskClub lowered Mantech International from a “buy” rating to a “hold” rating
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Blackstone Raises $20 Billion Real Estate Fund

NEW YORK CITY—Blackstone Group is expected to close a $20 billion real estate fund in Q1 2019, for all but some smaller retail investors, according
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Grand Island Man Wins $200000 Playing Flawless Fortune

Lincoln, NE – Jerry Dingwerth of Grand Island won $200,000 playing the Flawless Fortune Scratch game from the Nebraska Lottery. Dingwerth
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Exclusive: Offensive Security Names New CEO; Former No. 2 at HackerOne, Lynda

“We feel very fortunate to have Ning on board,” wrote Mati Aharoni, Offensive Security's cofounder, in an email to Fortune. Aharoni, who bootstrapped
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From banking to comedy: Vikram Poddar knows that laughter is a serious business

Once upon a time, he was an investment banker. And now he does stand-up comedies. And he says that it's been a very logical career progression.
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Mobile Banking Trends for 2019: Looking for Value

BAI recently published a list of top 10 mobile banking trends that experts see coming or growing in 2019. Mobile banking is certainly taking off,
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Motto Mortgage opens office in Cleveland

Motto Mortgage has announced the opening of a new franchise in the Cleveland suburb of Beachwood, Ohio. The new Motto Mortgage NEO office is
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As Shutdown Continues, US Government Recalls Furloughed IRS Agents to Process Tax Refunds

With the United States government shutdown in its fourth week, the Internal Revenue Service (IRS) is recalling 46,000 furloughed agents, according to
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Dubuque Bank & Trust Co. Has $3.70 Million Stake in International Paper Co (IP)

s holdings in International Paper were worth $3,699,000 as of its most … Zacks Investment Research downgraded International Paper from a “buy”
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The Top Tax Court Cases Of 2018: Who Gets To Deduct Mortgage Interest?

Moshe took out a mortgage on the home, and then entered into a written contract with his wife. The agreement provided that Chevy Frankel would
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Ask Eli: Arlington 2018 Real Estate Review — Part 2 of 4

Question: How did the Arlington real estate market perform in 2018 and what do you expect in 2019? Answer: Last week I discussed how the detached
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First Mortgage Default Rate Ticks Upward

Consumer credit defaults on first mortgages were up during December, according to the latest data report from the S&P/Experian Consumer Credit
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Foreign holdings of Italian bonds fall to lowest since January 2014

MILAN, Jan 15 (Reuters) – Italian government bonds held by foreign investors fell to their lowest in more than four years and a half, central bank data
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Expensive Market, What To Buy? Comerica Incorporated (CMA), Old Republic International …

The shares of Comerica Incorporated (NYSE:CMA) has been pegged with a rating of Buy by Argus in its latest research note that was published on
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Former Pepsi CEO Indra Nooyi Could Be in the Running to Head the World Bank

Nooyi was one of just 25 female CEOs in the Fortune 500. The conversations about her transition started in mid-2017. Nooyi's successor, Ramon
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Delivering the ultimate customer experience across banking touch points

At the Bank Customer Experience Summit last fall, Andrea Boone, executive director of FSO digital at EY, spoke with Tim Tang, director of enterprise
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These are the nation's most competitive housing markets

These are the nation's most competitive housing markets

Do you want to purchase a home in Denver or Los Angeles? Well, you might need some luck on your side, as these housing markets are among the
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Trez Forman funds $20.5 million loan for multifamily community in Burlington, North Carolina

Brett Forman, president/CEO of Trez Forman arranged the loan for the … Trez Forman is a joint venture between Brett Forman's mortgage lending firm,
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EPCs should be more robust

Peter Glover (Energy Performance Certificates and mortgage lending) makes some interesting observations about the role of EPCs for valuations.
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Wells Fargo Reports The Worst Mortgage Number Since The Financial Crisis

From Tyler Durden: When we reported Wells Fargo's Q3 earnings back in October, we drew readers' attention to one specific line of business, the one
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Trulia welcomes new chief economist

Romem will spearhead Trulia's economic research, providing industry insights on both national and local housing market trends, demographic shifts
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Wells Fargo settlements don't affect its bottom line – earnings increased in 2018

Last year lenders struggled under increasing competition and some were even forced to sell or merge with other companies – but Wells Fargo saw an
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How employers can reassure potential LOs in the midst of mortgage layoffs

Job hunting can be frustrating. At HousingWire, we want to make the process easier for job seekers in the industry. Our new service, HousingJobs, lists
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Why mortgage lending at Wells Fargo, Chase and Citi plunged

How low can they go? With earnings from three of the four biggest banks in, one metric stands in sharp relief. Mortgage lending just keeps plunging.
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£1bn warehouse facility secured by Kensington Mortgages

Kensington Mortgages has renewed its warehouse credit line with BNP … The warehouse line is funded equally by Citi and BNP and is one of the
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Rising interest rates in the US means lower house prices, new analysis suggests

Interest rates rise in the United States is having an impact on home values but this is helping first time buyers, according to a new analysis of the
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Analyst predicts weak year for HELOCs

Many predict the Federal Reserve will raise interest rates in the year ahead, and this means HELOC borrowers can expect their loan payments to
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Brittney Ernest joins DL Evans Bank as a mortgage loan officer

Brittney Ernest has joined D.L. Evans Bank as a mortgage loan officer in the western Idaho area. Ernest has six years of experience in the real estate
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LendingTree finalizes ValuePenguin acquisition

LendingTree announced Tuesday it has completed its acquisition of Value Holding Inc., the parent company of personal finance website
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The Texas Mortgage Pros is The Top Rated Mortgage Lender Offering FHA Construction Loans In …

Having been in the mortgage lending business for years, The Texas Mortgage Pros and its team of mortgage lending professionals have streamlined
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Ally Financial, Bank of America and Barings Announce an Investment of More Than $70 Million in …

Ally's award-winning online bank (Ally Bank, Member FDIC and Equal Housing Lender) offers mortgage-lending services and a variety of deposit and
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Blackstone set to launch largest real estate fund ever

Other targets may include rental housing, resorts in remote areas that make construction difficult, and properties in cities popular among younger,
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IRS reopens income verification service despite shutdown

Despite the partial government shutdown, the Internal Revenue Service has reopened the Income Verification Express Service used by mortgage
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Gov. Brown focuses on health care, environment and housing

(AP) — Oregon needs to shore up health care, the environment, the education system and housing, Gov. Kate Brown said during her State of the State
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Mortgage lenders may need to contend with higher default rates

Consecutive-month default rates for home loans are increasing, and they could remain higher the next few months, according to data from Standard
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Form ABS-15G FEDERAL HOME LOAN MORTGA For: Jan 15

Federal Home Loan Mortgage Corporation (as issuer of the Structured Pass-Through Certificates, Series K-087) and FREMF 2019-K87 Mortgage
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New Home Equity Tapping Tools Not Seen as Threat to Reverse Mortgages

New Home Equity Tapping Tools Not Seen as Threat to Reverse Mortgages

Alternative home equity tapping products are largely seen by reverse mortgage originators and an industry observer as uncompetitive with the product
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Summit Germany Mulling Listing Real Estate Business In Frankfurt (ALLIPO)

LONDON (Alliance News) – Retail estate investor Summit Germany Ltd on Monday said it plans to list its German real estate business on the Frankfurt
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Real estate exec Linda Gorens-Levey named to 40 Under 40 Hall of Fame

Milwaukee-area real estate executive and community volunteer Linda Gorens-Levey is among the group of four Milwaukee-area business executives
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New York Empire of Illegal Airbnb Rentals Booked 75000 Guests, Suit Says

According to the lawsuit, employees from the Metropolitan Property Group … One real estate agent created at least 19 different Airbnb host accounts
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Vanderbilt Mortgage and Finance, Inc. Releases Video Affirming Company's Commitment to …

Vanderbilt Mortgage and Finance, Inc. Releases Video Affirming Company's Commitment to …

15, 2019 /PRNewswire/ — Vanderbilt Mortgage and Finance, Inc., one of the nation's leading prefabricated housing lenders, has released a video
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Ex-Carolina Hurricanes GM Francis joins Raleigh commercial real estate firm

RALEIGH — Ron Francis, former general manager of the Carolina Hurricanes, is joining NAI Carolantic Realty, a Raleigh-based commercial property
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Get the Scoop on the Dropping Mortgage Rates & How that Can Affect your Home Loan

Brent Ivinson from Ideal Home Loans is back to help you understand the lowering mortgage rates and how to properly take out a home loan.
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How Dropping Mortgage Rates Can Affect Your Home Loan

Mortagage rates are seeing the lowest number in a year so if you want to refinance now is the time. If you're worried about resetting your current loan,
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Furloughed worker's tough choice: Pay for insulin or pay mortgage

Hundreds of thousands of furloughed U.S. government workers are going without a pay cheque. Virgina native Lynette Gabourel explained the tough
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New capital targets 'a struggle' for big banks

Australia's big banks may struggle to raise the amount of extra capital they require under new rules proposed by the country's banking regulator,
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Paschi Can't Shake the Blues, Hurting Image of Italian Banks

Paschi Can't Shake the Blues, Hurting Image of Italian Banks

Shares of the world's oldest bank dropped in Milan trading after the European Central Bank highlighted weaknesses in the Italian lender's capital and
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Banking sector liquidity up, 3-month depos phased out in Dec

Forint liquidity of Hungaryʼs banking sector rose in December 2018 from a month earlier, which was mainly reflected in the increase in the average
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Citi trading falls 21% as bank posts revenue miss (C)

Citi trading falls 21% as bank posts revenue miss (C)

Citigroup reported fourth-quarter earnings Monday, beating expectations with adjusted earnings of $1.61 per share.
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Bank of Southern California Names Bill Lamison Vice President, Underwriter

He will join the company's established business banking team and will be responsible for structuring, analyzing and underwriting commercial credit for
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Lloyds' overdraft fees unacceptable, says MP

Lloyds Banking Group has been criticised for introducing new overdraft charges on Monday ahead of a proposed crackdown later this year. An MP
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Saudi Arabia: Monetary Authority Issues Updated Banking Licensing Guide

On January 13, 2019, the Saudi Arabian Monetary Authority (SAMA) issued an updated version of its banking licensing guidelines, which set out the
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4 Top Bank Stocks to Buy Ahead of Q4 Earnings

Banks' fourth-quarter earnings outlook is about to get messy with the darkening of the global economic outlook. However, we shouldn't forget that
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