Alternative Credit: Providing a Pathway to Homeownership

The key, ultimately, will be a standardization of the process. Even though Fannie Mae and Freddie Mac are purchasing a small number of these alternative credit loans today, the mortgage industry as a whole will need to adopt unified standards for underwriting and qualifying these loans in order to bring
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The data and the information regarding the Global Peer to Peer Lending Market are taken from reliable sources such as websites, annual reports of the companies, journals, and others. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations
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RICHMOND, Va. — It's been almost 15 years since police discovered the body of Darnell Harris in Stratford Hills. On Aug. 17, 2003, police were called to the 7200 block of Berwick Road after receiving a report of a deceased body in a gray Honda Passport. The individual police found was Harris, who
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based real estate investment firm Real Capital Solutions bought the distribution complex with three large warehouses at 19925 Independence Blvd. from Magnolia Partners Ltd. Murphy, along with Monica Perez Wonus of CBRE Inc. in Orlando, represented the seller. The center, built in 1999, previously
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The Real Estate Board of Greater Vancouver says high prices, new taxes, rising interest rates and stricter mortgage requirements are some of the factors causing a recent slowdown in the buying and selling of properties. Real estate board president Phil Moore says, even with lower sales, prices will
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This story is the second in a two-part series answering reader questions about our in-depth explainer on California's sky-high housing costs. Astronomical prices are forcing a rising share of California families to postpone buying a house. As a result, the state's record-low homeownership rate has been a
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The desperate buyers say they have been trapped in a unique period in the Toronto area housing market — one engineered by provincial policy designed to cool the soaring costs of housing. The problem has been compounded by new mortgage rules that they believe have the potential to drive
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The Auckland residential property market showed some signs of life in March with sales reaching their highest point in 12 months, according to the city's largest realtor. The average sale price for March was $931,292, up 1.3 per cent on February's average, but still down 3.8 per cent versus the same
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Mortgage rates were sideways to slightly lower today, depending on the lender. That presents something of an opportunity because underlying bond markets have been suggesting a move in the other direction over the past few days. In other words, the bonds that underlie mortgage rates have
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On Tuesday, April 3, The Fortune Society kicked off its 2018 Rooftop Horticulture Program for formerly incarcerated and formerly homeless clients as well as for families who live at Castle Gardens – Fortune's supportive permanent housing on West 140th Street in West Harlem. Even though the rooftop
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Refinance mortgages continued to decline during the week with the Refinance Index decreasing 5 percent over the previous week. The refinance share of mortgage activity decreased to its lowest level since September 2008 to 38.5 percent of total applications, from 39.4 percent last week, while the
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A new dawn of “digital mortgages” begins today as the Land Registry is moving the process online to save time and hassle for millions of homeowners. The first mortgage deed not to have been signed with a pen and paper has been accepted today as part of a trial with Coventry Building Society, the
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A federal judge expressed deep skepticism that Paul Manafort could use a civil lawsuit to attack Special Counsel Robert Mueller's authority to charge Manafort with crimes unrelated to his role as President Donald Trump's former campaign chairman. The comments by U.S. District Judge Amy Berman
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Debbie Fortune Estate Agents has donated £4,000 to the Congresbury New Village Hall Development Trust, which hopes to create a hub for clubs and events. The estate agents, which recently opened an office in Congresbury, pledged a portion of its 2017 income from the sales and lettings in village to
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Capstead Mortgage logo News stories about Capstead Mortgage (NYSE:CMO) have been trending positive on Wednesday, Accern Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks
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JPMorgan's top banks analyst said Deutsche Bank needs to slash its US operation. In a note out Wednesday, Kian Abouhossein estimated that Deutsche Bank's US business, which he says is centered around corporate and investment banking, consumes 20% of the bank's capital, has 10,000 staff, and
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Rex Energy Corp. said in a regulatory filing this week t failed to make a semi-annual interest payment that was due on Monday (April 2) for its senior notes, necessitating a forbearance agreement with lenders to prevent the acceleration of other debt obligations. The company entered the forbearance
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Companies like Square (NYSE:SQ) have made it easier for merchants of all sizes to accept card payments. In this segment from Industry Focus: Financials, analyst Michael Douglass and Motley Fool contributor Matt Frankel talk about the ways that technology is disrupting big banks, and what this trend
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MISSOULA – There are no surprises to be found in the latest Missoula Housing Report as prices continue to drive home sales with shoppers scrambling to find homes and sellers continuing to enjoy a robust market. If you've tried to buy a house in the Missoula area in the past few years you know the
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“The mortgage market, despite significant efforts, continues to lag behind from a technological standpoint creating inefficiencies that impact mortgage loans throughout their lifecycle,” Ranieri said. “By partnering with Symbiont, a proven blockchain pioneer, Ranieri Solutions believes that together we can
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