FHFA Announces Update on CSP Process

Under the FHFA plan, Release 2 will allow Fannie Mae and Freddie Mac to use the CSP to issue a single, common security to be called the Uniform
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The mortgage industry is at a pivotal moment. Today's consumers are demanding a mortgage process that is fast, easy, and transparent. According to
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Key mortgage rates fell steeply in the week after rising solidly over the two preceding weeks, Freddie Mac reported. Through Wednesday, the 30-year
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Fannie Mae and Freddie Mac are scheduled to send their latest dividend payment to the Department of the Treasury later this month, but if a
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“The underlying story is still very positive for the housing market,” said Jennifer Lee, a senior economist at BMO Capital Markets. “The February drop is
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We are GROWING…LEADING…SETTING A NEW STANDARD! We are GLS! GLS is seeking the most talented and innovative Loan Processing
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2016 was a terrible year for Lending Club (NYSE:LC). Scandal plagued the company. Renaud Laplanche, the company's founder, was forced to
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“We continue to monitor the ongoing decline in homes listed for sale,” MacKenzie said. “In February, both the number of homes for sale and the
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The International Securities Lending Association (ISLA) has urged the European Commission (EC) to re-examine rules that restrict UCITS funds'
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Nationally, housing inventory dropped to its lowest level on record in 2017 Q1. The number of homes on the market dropped for the eighth consecutive
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Along with this, there has also been a decrease in the number of businesses planning on lending from the banks, which fell from 38% in round one to
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Amazon.com Inc. has for the first time revealed the scope of its five-year-old small business lending program. Amazon Lending's outstanding loans
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If lending conditions are made tougher for existing home owners, new home buyers and investors in WA, this will have a detrimental effect on our local
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The CA is required under Republic Act No. 9474 or the Lending Company Regulation Act of 2007, which the SEC has taken the lead in implementing.
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For the first time in 24 years, FirstBank and its agency TDA_Boulder are introducing a new tagline for the financial institution, Banking For Good,
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In one case, the AP found that a Manafort-linked company received a $1 million payment in October 2009 from a mysterious firm through the Bank of
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Release 2, the announcement stated, will allow Fannie Mae and Freddie Mac to use the CSP to issue a single, common security to be called the
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… which makes them all but ineligible for agency loans purchased on the secondary market by either Fannie Mae or Freddie Mac, according to Jamie
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Open banking is basically an inevitability now as regulators in the UK and Europe ramp up implementation of new standards like PSD2 (Revised
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Over on the servicing side, the Federal Housing Finance Agency (FHFA) reported that Fannie Mae and Freddie Mac completed 189,911 foreclosure
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