Blog: Time to flex the power of Open Banking – Mortgage Finance Gazette

Blog: Time to flex the power of Open Banking – Mortgage Finance Gazette

I absolutely see Open Banking as a key enabler in streamlining the journey for our clients, consumers and colleagues, whether this is for mortgages,
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FHFA extends COVID-related multifamily mortgage forbearance: Here's how landlords can …

The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie … Property owners whose multifamily mortgage loan is backed Fannie Mae or
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U.S. pending home sales jump to seven-month high; mortgage applications fall | Reuters

In a separate report on Wednesday, the Mortgage Bankers Association said applications for loans to buy a home fell 1.2% last week from the prior week. Loan
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L&T in Talks to Merge Power Business With Sembcorp India – Bloomberg.com

Shares in Sembcorp Industries extended gains to as much as 2.7% following the Bloomberg News report, while L&T pared losses and was down 0.5% as of 13:38
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This One Metric Shows That New York City Will Be Fine – Bloomberg.com

Gotham is No. 1 when it comes to the risk-adjusted return of investments in homes. That signals confidence that the pandemic recovery will be lasting as well as
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Equifax Partners With National Association Of Minority Mortgage Bankers Of America …

NAMMBA partners with banks, lenders, and fintechs to foster diversity and inclusion within these firms, bring financial literacy education to consumers, and
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Mortgage Coach And LoanSense Partner To Help Student Loan Holders Become Homeowners

With the partnership, mortgage lenders are able to help homebuyers with high monthly federal student loan payments achieve better home financing outcomes by
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Latinos to drive economic growth, as only demographic to increase homeownership rate – NBC News

While Flores contributed to her parents' home expenses and mortgage, … U.S. homeowners with mortgages have seen their equity increase by nearly $2.9
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How financial institutions engineered climate injustice and the clean energy colorline – EHN

Over the past century, the finance, insurance, and real estate (FIRE) regime has physically and socially engineered inequity. As we barrel deeper into the
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The Subprime Mortgage Crisis (2007-08) – International Banker

This boom, combined with low interest rates at the time, meant that lenders were keen to expand their portfolios of loans to borrowers with poor credit
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The FDA Is Late in Banning E-Cigarettes That Tempt Kids – Bloomberg.com

Teen vaping has reached epidemic proportions. The agency should have taken action on popular brands of high-nicotine and menthol-flavored products weeks ago.
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Downtrodden Won Can't Catch a Break as South Korea Exports Cool – Bloomberg.com

… for the greenback as markets enter the phase of tapering,” said Kim Seunghyuk, … almost 35% in August, according to a Bloomberg survey of economists.
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First-Time Homebuyers Are Getting Crushed in a Cutthroat U.S. Market – Bloomberg.com

To read more articles based on your personal financial goals, … choosing cash purchasers or mortgage borrowers with conventional financing who can waive
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Ninja Van to Hire 200 Engineers Ahead of Potential U.S. Listing – Bloomberg

… the bulk of the funds on Ninja Direct, a relatively new business that allows online sellers in the region to buy products from China and other markets.
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Inflation and Supply Shortages Are Waking Up the Bond Bears – Bloomberg.com

Mark Gilbert is a Bloomberg Opinion columnist covering asset management. He previously was the London bureau chief for Bloomberg News. He is also the author of
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Ops, MLO Jobs; Direct Marketing, Non-QM, TPO, Servicing Products; CECL Primer for Lenders

Bring your customers home with a leading Correspondent and Housing Finance Agency lender who is redefining the mortgage lending experience.
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U.S. Retailers Make Only Some Progress on Stocks Before Holidays – Bloomberg

But while a steady flow of consumer goods is good news for retailers trying to ensure shoppers have a decent selection for gift-giving, inventories remain
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U.K. Hiring Spree, Stagflationary Forces, Uneven Growth: Eco Day – Bloomberg

Welcome to Wednesday, Europe. Here's the latest news and analysis from Bloomberg Economics to help you start the day: U.K. businesses kept up a hiring spree in
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Mortgage demand falls as rates rise to highest level since July – CNBC

The average contract interest rate for 30-year fixed-rate mortgages increased to 3.10% from 3.03% in the past week. Applications to refinance a home loan
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It Was Easier to Get a Mortgage in August, and These Moves Could Help You Get One Now

Mortgage credit availability increased last month. Here's how to increase your chances of home loan approval. During the pandemic, many mortgage lenders
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