A Single Investor Crashes Mortgage Credit Availability Index

Lending standards tightened in February, especially for conforming and super-conforming (jumbo) loans. The Mortgage Bankers Association (MBA) said its Mortgage Credit Availability Index (MCAI) declined by 1.2 percent in February. The composite index fell to 180.7 from 182.9 in January while some
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Churchill on the Park, a 448-unit garden-style apartment project in North Dallas, has sold to investor TH Real Estate. Built in 1999, the rental community is in the Park Central development south of LBJ Freeway. It includes a resort-style swimming pool, a fitness center and a theater room. A New
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NEW YORK (Reuters) – The Federal Reserve bought $3.374 billion of agency mortgage-backed securities in the week from Mar. 1 to Mar. 7, compared with $2.985 billion purchased the previous week, the New York Federal Reserve Bank said on Thursday. In a move to help the housing market begun in
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Paul Lucido, a 20-year industry veteran and eight-year employee of Paramount Residential Mortgage Group (PRMG), has been promoted to Chief Marketing Officer. As CMO, Lucido will remain in his directive role of overseeing PRMG's corporate brand initiatives and national marketing efforts to drive
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But the mutual funds and those invested in them through variable life annuity contracts and variable life insurance policies “lost securities lending income during the period when the securities were recalled,” the order states. The SEC said that Voya failed to disclose the conflict of interest created by the
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The most recent Ellie Mae Millennial Tracker data shows that 67 percent of closed loans secured by millennials were conventional. This represents the highest percentage in two years for conventional mortgages among that group. While Tracker data shows women were more likely to utilize FHA loans,
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Since January 2018 Ripple has a new global head of banking. Marjan Delatinne joined the company in 2017 after having spent ten years at SWIFT as business director commercializing different banking solutions including Global Payments Innovation (GPI). Part of the Women in Fintech Power list 2017,
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A chart on a local real-estate agent's website tells the story of a sharply slowing housing market. Citing Real Estate Board of Greater Vancouver statistics, Andrew Hasman & Associates is reporting that only 33 single-family houses have been sold on the West Side this year. That's down from 94 sales last
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The offering is part of an expanded partnership between Major League Baseball and the Google-owned (goog, +1.76%) subscription streaming service, the two groups said Thursday. Financial terms of the deal were not disclosed. Last year, MLB and YouTube TV signed a marketing partnership in
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HUD is working to strengthen the housing market to bolster the economy and protect consumers; meet the need for quality affordable rental homes; utilize housing as a platform for improving quality of life; build inclusive and sustainable communities free from discrimination, and transform the way HUD
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Arlington Asset Investment logo Aperio Group LLC trimmed its holdings in shares of Arlington Asset Investment Corp (NYSE:AI) by 51.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,766 shares of the financial services provider's
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“We launched a global media review as our current assignments are coming to an end,” a global Mondelez representative told Adweek. “With this review, we're taking a new look at our media buying in order to address key changes such as programmatic, transparency and ecommerce and better equip
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IndiGo, India's biggest airline, plans to order as many as 50 Airbus SE A330 wide-body jets as it seeks to expand beyond short-haul flights, people with knowledge of the matter said. The carrier aims to take the upgraded A330neo version of the plane, according the people, who asked not to be named as
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This is according to Shawn Owen, chief executive officer of Salt Lending Holdings Inc. “In fact, the technology makes a perfect form of collateral. We have all this ability to program in smart contracts. You can write in the rules. You can make it highly secure, yet nobody is doing it,” Owen said. “Somebody's
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NEW YORK (CNNMoney) – The new federal tax law created a lot of confusion over whether tax filers may still deduct the interest they pay on their home equity loans and home equity lines of credit. The new law suspends the deduction for interest on home equity indebtedness for the next eight years.
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For loans taken out between now and December 31, 2025, after which the suspension ends, you may only deduct the interest you pay on up to $750,000 of acquisition debt. That limit applies to your mortgage and home equity loans or lines of credit combined. So if you go out tomorrow and get a
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Why female real estate entrepreneurs can thrive in the UAE. This article was published on March 8th, 2018. Photo Credit: Prestige Magazine. “Are women allowed to drive there?” is, unfortunately, a question I am sometimes asked when I return home to Boston on visits from my adopted home of Abu
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CHARLESTON, S.C., March 8, 2018 /PRNewswire/ — Today, on International Women's Day, Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, is pleased to announce that the company will again host an emerging businesswoman mentee as a part of this
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Alliant National Title Insurance Co. has hired Manoj Purohit as vice president and Great Lakes Agency manager, the company announced. … Purohit previously served as president and CEO of a settlement services company in New Jersey, where he managed all aspects of daily operations. He also
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Besides retaining talent, the move also helped the company promote its brand to a wider market. Mahes was sharing his view at a panel discussion organised by real estate association CoreNet Global's Malaysia Chapter today. The session was moderated by CoreNet Global's Malaysia Chapter vice
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