26, 2018 /PRNewswire/ — Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, is calling on mortgage lenders, realtors and insurance providers nationwide to support Housed & Hopeful, a public/private partnership
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âThere is no problem that you can think of with Iran that would not be to the power of 100 worse if this was a nuclear-armed country,â David O'Sullivan, the European Union's ambassador to the U.S., said Monday in a meeting with editors and reporters at Bloomberg's Washington bureau. âSo for us, the
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Conservatives who are pushing for the elimination of Fannie Mae and Freddie Mac on Monday gave President Trump a blueprint for phasing out the government-sponsored enterprises by himself. Analysts with the American Enterprise Institute and other right-of-center think tanks began rolling out a
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The Trump Organization has donated profit generated last year from foreign-government business at its hotels to the U.S. Treasury Department, the company said Monday without specifying the amount. âAlthough not a legal requirement, this voluntary donation fulfills our pledge to donate profits from
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The city of Sacramento has filed suit against Wells Fargo & Co., alleging discriminatory lending patterns for over a decade that targeted African-American and Latino borrowers in Sacramento. The suit filed Friday in the U.S. District Court for the Eastern District of California claims that Wells Fargo & Co
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WASHINGTON â A top House lawmaker said Monday that there are bicameral discussions with the Senate to see if a narrowly tailored bill to roll back the Dodd-Frank Act can be expanded before the Senate votes on the deal. âLot of conversations happening between House members and Senate
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The Company's $3.73 billion mortgage loan portfolio at December 31, 2017 consisted of high quality, primarily floating rate, first mortgage loans secured by properties in the United States, with 79.1% of the loans secured by properties located in the top 25 MSAs. The loan portfolio had an aggregate
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mortgage rates, increase Freddie Mac has released its February Insight report, which âlooks into the effects of higher mortgage rates on home buyers, homeowners wishing to refinance, mortgage lenders, home builders and real estate agents.â For this latest Insight report, Freddie Mac economists have
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General Electric Co. plunged again as investors spurned Chief Executive Officer John Flannery's latest charm offensive. The CEO's letter to shareholders and a board overhaul announced Monday failed to soothe concerns about looming liabilities on GE's balance sheet, which the company detailed in
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Billionaire Carl Icahn's oil refiner CVR Energy Inc. plans to spend almost $50 million less this year than it did in 2017 to comply with the U.S. biofuel mandate just as President Donald Trump's direct intervention energizes prospects of regulatory change. In a filing Monday, the Sugar Land, Texas-based
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Business tax cuts, personal tax cuts and individual wage growth should help fuel the economy, Faucher said. And he expects Cincinnati's housing market to continue gaining strength this year, too. âYou have a well-balanced housing market in Cincinnati,â he told me. âI think the housing market is in good
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Of course, part of this is, the health of the housing market today, we could look at a lesser-known company, TRI Pointe Homes is another data point for that, that's a stock we own in our mutual fund. They have orders up 17% over the year. This is TRI Pointe, new home deliveries up 23%. Backlog is up
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Analysts are pointing to weather and the volatile nature of the new-home sales data to explain away what could be seen as an emerging downtrend in the housing market. “If the drop in January were related primarily to economic factors, it is likely that all regions would have experienced declines,”
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Overall these results are disappointing, though not necessarily a cause for alarm in the housing market. New home sales are notoriously volatile, so gains and declines exceeding 5% month-to-month are not uncommon. Despite the declines in December and January, new home sales remain in a
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âWe believe this acquisition represents an excellent strategic fit for M/I Homes and further enhances our market position with a well-established operation and land position in a dynamic and growing housing market,â Schottenstein said. âPinnacle Homes was founded in 2005 by Howard Fingeroot and
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New home prices fell in Houston and Austin in January, while moving up in Dallas-Fort Worth and San Antonio, a new report showed. New homes sold for an average of $349,025 across in January across the four markets, up from $347,798 in December, according to the HomesUSA.com New Homes
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The 30-year, conforming, fixed-rate mortgage has become the bedrock of housing finance in America. But as discussions evolve around reforming mortgage giants Fannie Mae and Freddie Mac (so-called GSE reform) â the two institutions largely responsible for enabling the affordable 30-year
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