Facts about earnest deposit money

Facts about earnest deposit money

Think of this money as an insurance option for the seller. … should be deposited and held by a reputable third party such as an escrow/title company.
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Losses Continue for US Market Indexes

Mortgage rates were reported by Freddie Mac. The average 30-year fixed-rate mortgage was 3.90%, decreasing from 3.93%. The average 15-year
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Watt: FHFA Will Not Build Short-Term Capital Buffer for GSEs

… FHFA Director Mel Watt signaled that the agency would not move to establish a short-term capital buffer for Fannie Mae and Freddie Mac when the
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Amazon likely to be the big winner as Australians embrace digital banking

The reason for the demise of branches is that Australians are embracing digital banking at an incredible rate of knots and that means that we are
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What Do the Pivot Points Reveal About Shares of Freddie Mac Var Pfd (FMCCG)?

A “pivot point” is a technical analysis indicator used to understand the overall trend of the market over different time periods. The pivot point is the
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Households living in unaffordable and/or substandard conditions increases to 8.3 million

The number of families living in unaffordable conditions or in subsidized housing increased from 2013 to 2015, according to the newly released report
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NexBank raises $20 million to fund growth

NexBank Capital, a Dallas-based financial services company, announced this week that it recently completed a $20 million common equity capital
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Investors pour money into bonds, international in July

“We can't separate retail buying from traditional institutional investors,” Ms. Lamy said. Registered investment advisers, she added, tend to invest via
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Green Lending: The Feel-Good, Cost-Saving Financing Option

It's clear industries across the board are taking strides to become increasingly eco-friendly, and Fannie Mae and Freddie Mac have followed suit.
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Mortgage Rates Dive to Another Low

“After holding relatively flat last week, the 10-year Treasury yield fell four basis points this week,” says Sean Becketti, chief economist at Freddie Mac.
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Bizz Buzz: Solano Mortgage Welcomes New Loan Officer

Solano Mortgage, a division of American Pacific Mortgage Corporation NMLS#1850 welcomes Walter Nazario NMLS# 234514 as a licensed Loan
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Wells Fargo lays off 40 from home mortgage division

Wells Fargo notified 40 employees in the home mortgage division of layoffs this summer, state records indicate. Officials with the San Francisco-based
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Fannie Mae And Freddie Mac Fail Annual Stress Test Again

Fannie Mae and Freddie Mac could require as much as a $99.6-billion government bailout in the event of severe economic downturn, according to the
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MOVES-HSBC shakes up Middle East banking leadership

LONDON, Aug 10 (IFR) – HSBC has appointed Mustafa Aziz Ata as head of financial institutions and public sector for Middle East, North Africa and
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Banking Regulation Bill gets Rajya Sabha nod

The Rajya Sabha on Thursday passed the Banking Regulation (Amendment) Bill, which empowers the Reserve Bank of India to issue instructions to
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Financial crisis bank fines hit record 10 years after market collapse

… interest, the money still keeps flowing, as US mortgage giants Fannie Mae and Freddie Mac continue to give money to the US treasury each quarter.
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Single-family rental operator Promise Homes launches with $130 million in funding

Promise Homes has established an innovative business model that seeks to provide residents with quality housing at affordable prices as well as free
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Down Payment Myths

Last year, nearly one third of the Freddie Mac funded loans, 1.6 million, had down payments of less than 20 percent. Myth 2: Only your money can be
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CoreLogic finalizes acquisition of Mercury Network

Back in June, CoreLogic announced that it planned to acquire Mercury Network, a purchase valuation technology and appraisal management platform
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Lake Michigan Credit Union hires Jason Brolus as mortgage loan originator for Southeast …

GRAND RAPIDS, MI (August 10, 2017) — Lake Michigan Credit Union (LMCU) is pleased to announce the hiring of Jason Brolus as a mortgage loan
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