Borrowers turn to non-banks for mortgages as traditional lenders shy away

Borrowers turn to non-banks for mortgages as traditional lenders shy away

According to the Washington Post, what we're seeing is a “major shift” in mortgage borrower behavior, as the top three banks' share of mortgage loan
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Banking CEOs are confident about 2017

Banking and capital markets CEOs are positively optimistic about their growth prospects in the year ahead; 40% are very confident that they'll achieve
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Freddie Mac: Mortgage rates break holding pattern, decrease

Mortgage rates broke their month-long holding pattern as they decreased this week, according to Freddie Mac's Primary Mortgage Market Survey.
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Ambac Financial Group, Inc.'s (AMBC), a stock from Surety & Title Insurance industry, is worth at …

Ambac Financial Group, Inc. (AMBC) , a stock from Surety & Title Insurance Industry, has a value of $21.90 per share, noted a price change of -0.90%
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What Is a Lifetime Mortgage?

A Lifetime Mortgage is a type of Equity Release plan that allows you to access some of the equity that has built up in your home. Lifetime Mortgages
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US average 30-year mortgage rate falls to 4.10 percent

Long-term U.S. mortgage rates fell during the week, breaking a holding pattern that prevailed for more than a month, according to information released
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Federal Bank launches update for mobile banking platform

Federal Bank has come out with an update for its award winning mobile banking platform – FedMobile. The bank has added the facility to open term
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ICICI, Axis, HDFC Bank limiting cash transactions at branches is really no big deal; here's why

And, there was nothing much you could do. The same applies to bank charges these days. Some banks, including HDFC Bank, have begun charging
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Mortgage rates tumble, breaking with bond market action

Rates for home loans fell, breaking stride with the benchmark Treasury yield that they normally track, mortgage finance giant Freddie Mac said
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Mortgage Applications in US Jump in Late February

According to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending February 24, 2017, U.S. mortgage
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Mortgage applications up

Mortgage applications rose by 5.8% compared with last week, according to the Mortgage Bankers Association's weekly survey, inclusive of adjustment
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FCT announces retirement of President Patrick Chetcuti

“I'd like to thank Pat for his leadership and vision in growing the title insurance industry in Canada,” said FCT CEO Michael LeBlanc. “It has been a
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Chesterfield man denies mortgage fraud accusations

Timothy Wenk owned Premier Consulting and investigators say he fraudulently received money from people who expected him to secure mortgage
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Banking: Europe's battle to fix the 'doom loop'

Breaking the sovereign/bank nexus has been a priority for policymakers since the global financial crisis. The problem is particularly acute in Europe.
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UAE Islamic banking assets reach Dh520b

Abu Dhabi: Saif Hadef Al Shamsi, Assistant Governor for Monetary Policy and Financial Stability at the UAE Central Bank, has said that total Islamic
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Traders term banks' cash transaction fee as financial terrorism

NEW DELHI: With the banks levying a fee for over four cash transactions at its branches, the Confederation of All India Traders (CAIT) on Thursday
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First Tennessee Receives 20 Banking Awards

MEMPHIS — First Tennessee Bank has received multiple awards for outstanding service for business banking from Greenwich Associates as part of
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Shawbrook completes its largest ever second charge mortgage

Shawbrook Bank has teamed up with the Loan Partnership to complete its largest ever second charge mortgage. The bank provided a second charge
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China's new banking watchdog chief coy on super-regulator role 'rumour'

The Chinese banking regulator's newly appointed chief on Thursday brushed aside suggestions that he would spearhead a merger of the country's
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Fairway Independent Mortgage Corporation Opens New Office in Greensboro

GREENSBORO, N.C., March 2, 2017 /PRNewswire/ — Fairway Independent Mortgage Corporation recently announced the opening of a new branch
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