Even With Mortgage Rates at 2-Year Highs, Homebuyers Can Ignore the Fed

Even With Mortgage Rates at 2-Year Highs, Homebuyers Can Ignore the Fed

The main mortgage rates were mixed on Monday. The average 30-year mortgage rate is higher, at 4.02%, which equates to a $478.52 monthly
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Partnerships for Lending in Underserved Markets (PLUM)

Minority owned small business play an important role in our nation's economic health, driving job creation, rising wages and better standards of living
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5 million homeowners fall out of 'refinanceable population' as Trump trade rolls on

The number of homeowners eligible to refinance their mortgages fell 60%, or 5 million, since the end of October, with 700,000 in the last two weeks
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REAL ESTATE: The Riley Report

Now for the latest real estate news. A lot of the pending sales closed last month. Residential sales jumped from +11% in November to +15% this month
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4 hot topics for the housing market in 2017

The two words that are useful when describing the housing market in 2016 would be: diversity and complexity. Diversity: Because we continue to see
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Rating Sentiment Change: Discussion stirs around First American Financial Corp (NYSE:FAF) this …

First American Financial Corporation is a holding company. … The Company's divisions include Title Insurance and Services, Specialty Insurance and
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Fitch to Rate FREMF 2016-K60 Multifamily Mtge PT Ctfs & Freddie Mac SPC, Ser K-060; Presale …

Additionally, Fitch does not expect to rate the following class of Freddie Mac Structured Pass-Through Certificates, Series K-060: the $150,721,797
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Will 2017 Finally Be the Year Toronto's Real Estate Bubble Bursts?

This year will likely be remembered as the year Canada finally got serious about its real estate problem. After two decades of non-stop growth, there
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Eagle Bank opens mortgage office in Ferguson

During a brief presentation, President and CEO, Michael Walsh and Vice President of Mortgage, Virgil Tyler discussed Eagle Bank's initiatives to
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FCA Launches Study to See if Mortgage Sector Needs More Competition

wheels-fall-of-wreck-clunker-dud-failure-collapse The Financial Conduct Authority (FCA) has launched a market study to review the mortgage sector.
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Can Consumers Without FICO Scores Be Trusted with Mortgages?

Many consumers without traditional credit scores are nevertheless creditworthy and could qualify for mortgages, according to recently released
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2017: A Year Of Uncertainty

That understanding could impact how the mortgage industry welcomes the New … Gone are the days when a home was collateral to finance life's less
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Credit Unions Weigh in on GSE Reform

He said the NAFCU would support merging Fannie Mae and Freddie Mac into one entity if the needs of credit unions could still be met—but he does
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Kina Securities forecasts 60% lending growth by February

Kina Securities Ltd (ASX:KSL), a Papua New Guinea bank listed on the ASX, will release its full year results in February 2017. In the meantime, the
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Freddie Mac UCDP Proprietary Messages Coming February 10

Beginning February 10, 2017, 113 new Freddie Mac specific messages [pdf] will be added to the Uniform Collateral Data Portal® (UCDP®).
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Dear Ben Carson: “Housing is an everyone problem”

Coming from the desk of a housing and architecture expert, this letter urges Housing and Urban Development secretary nominee Ben Carson to take a
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KeyBank Provides $95.2 Million to Two Developments in Auburn, Wash.

The CDLI group provided a $47 million construction loan for the Reserve at Auburn, with a $40.6 million Freddie Mac Tax Exempt Loan (TEL)
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Government Intervention in Housing Has Always Been Bad. Here's Why Today Is No Different.

Government meddling in the housing market was a major cause leading to the 2008 financial crisis. (Photo: iStock Photo)
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Jody Myers

Originally licensed in 1992, Jody has had over 20 years of experience in finance, business, and mortgage banking. During his career he has gained
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Fairway Introduces New Mobile App

… to providing speed of service with consistent communication to our clients,” Steve Jacobson, founder and CEO of Fairway, said in a news release.
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