Fannie and Freddie CEOs talk 2021 challenges, controversial 50 bps refi fee

Fannie and Freddie CEOs talk 2021 challenges, controversial 50 bps refi fee

… developing ways to incentivize private investors to build affordable housing, and how to qualify more borrowers for mortgage financing. Sweat equity
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Nebraska Department of Banking and Finance Orders Two Internet “Investment” Companies to …

Lincoln, Neb., October 20, 2020 – The Nebraska Department of Banking and Finance (“NDBF”) has issued Cease and Desist Orders (“Order”) against
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A new vehicle from a small company now holds the title of the fastest car in the world

The SSC Tuatara broke the record set last year by pre-production Bugatti Chiron prototype which had maxed out at 490 km/hr. The car that held the title
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Corridor Title celebrates 10 years

It is truly part of our company's DNA. We are proud that our journey began in Dripping Springs.” Comment on this Article
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Good News COVID Trends in the Northern Colorado Real Estate Market

With inventory levels remaining low, the local housing market is responding to the continued demand. The median home value in the greater Fort
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US low-income lending rules should promote affordable housing, Fed official says

WASHINGTON (Reuters) – An overhaul of U.S. lending rules must boost incentives to promote affordable housing for low-and-moderate income
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Government urged to make better use of alternative lenders

Katrin Herrling (pictured), chief executive of business finance aggregator Funding Xchange, said alternative lenders have been at a disadvantage as
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Unseasonably Fierce US Real Estate Market Shows Signs of Slowing Down

A highly competitive U.S. housing market started to show signs of easing slightly in September, particularly in parts of the Southeast, according to data
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Aramark to lay off hundreds of employees at Rocket Mortgage FieldHouse

Aramark to lay off hundreds of employees at Rocket Mortgage FieldHouse. WEWS-Cleveland Videos • October 20, 2020. Content is currently
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The digital mortgage platform empowering the rise of community lenders

Since channeling his frustrations with the mortgage borrowing process into co-founding Maxwell in 2015, Paasonen has been busy honing a
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Afterpay Teams With Westpac To Offer Banking Services

The bank built the BaaS platform in response to the rise of new cloud-based flexible banking systems and a pivot in the distribution of financial products,
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Fed chair remains cautious on regulator's digital dollar efforts

The Federal Reserve Bank of Boston announced in August it is partnering … Powell said about 80% of central banks worldwide are exploring digital
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US single-family homebuilding accelerates in September

The 30-year fixed mortgage rate is around an average of 2.81%, according to data from mortgage finance agency Freddie Mac. The report followed
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Thomvest Ventures' Nima Wedlake on OpenDoor's S-4

Housing News. Hosted by HousingWire Editors, the HW Weekly Newscast is a conversational look at the most important stories coming across
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Latest Digital Banking App Ranking Holds Some Surprises

Just where we left it last time, at No. 8, is Germany-based direct bank N26. The second surprise we promised from this month's PYMNTS Provider
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Hilco Real Estate Announces The Court-Ordered Bankruptcy Sale Of 17 Multifamily Properties On …

Jeff Azuse, senior vice president at Hilco Real Estate, stated, “This is an excellent opportunity to acquire a sizeable number of units and add significant
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ORIX Real Estate Capital Changes Its Legacy Brands to Lument

ORIX Real Estate Capital, a business unit of ORIX Corporation USA (“ORIX USA”), has announced its change of brand to Lument effective immediately.
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CFPB indefinitely extends QM Patch

But Fannie Mae and Freddie Mac are not bound to this requirement, a condition known as the QM Patch. Under the QM Patch, loans sold to Fannie
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Greater Cincinnati is tied as the fastest-selling market for homes

Greater Cincinnati is now tied for with another city as the two fastest-selling housing markets. The average home in Greater Cincinnati sells in 17 days,
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Modernizing And Strengthening CRA Regulations: A Conversation With The Housing Community …

While issuance of qualifying MBS can improve liquidity, and thereby increase capacity for lenders that make home mortgage loans to LMI borrowers,
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