Mortgage Delinquency Rate Hits New Record Low

Mortgage Delinquency Rate Hits New Record Low

The national delinquency rate reached 3.36 percent in May, according to new data from Black Knight Inc. This represents the third consecutive month
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Global regulators give banks capital relief on derivatives

By Huw Jones. LONDON (Reuters) – Global banking regulators have agreed to introduce more flexibility into how banks compile a broad measure of
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Texas Extends Existence of the Finance Commission and Two State Agencies

Permits the Texas Finance Commissioner, Texas Banking Commissioner, and Texas Savings and Mortgage Lending Commissioner to appoint
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What's Next for Real Estate in Brooklyn and Beyond?

Since 2012, we've watched home prices in Brooklyn climb ever higher. Interest rates have stayed low, while real estate has returned gains of 8
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Ugandan bank accused of lending money to dead man

A Ugandan widow has accused a bank of lending KSh 414 million to a dead man and later selling his property over failure to pay the loan. Barbara
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What Is a USDA Loan?

One of the signature policy ideas of the 20th century was home ownership. Through bank reform, lending practices, taxes and other policy channels,
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Properties in default are at their lowest since 2005: Black Knight

The number of properties in some stage of mortgage default has fallen to its lowest level in approximately 14 years as most types of delinquencies
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Putin Warns US War With Iran Would Be 'Catastrophic'

Russian President Vladimir Putin warned that a war between the U.S. and Iran would be “catastrophic” for the Middle East and may trigger a fresh
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L'Oreal Taps its First Female President for the World's Biggest Beauty Brand

—It's all clicking for Wayfair, a Fortune 500 newcomer. —Sears' seven decades of self-destruction. —Listen to our new audio briefing, Fortune 500
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China National Gold Studies Bid for Canadian Miner Iamgold

Iamgold is exploring a possible sale of all or part of the company and has spoken to several potential buyers, Bloomberg News reported last month.
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Freddie Mac Prices $435 Million Multifamily KG-Deal, K-G01

KG-Deals are the environmental and social impact series of Freddie Mac's K-Deal program. They exclusively securitize workforce housing loans made
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8 Things You Need To Know About How Banks & Lenders Sell To You

After a smart lender does your mortgage, they'll optimize your budget with refis when rates drop, talk to you about student loan consolidation, and offer
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Why Startups Like Brex Are Stockpiling Cash

“There are other companies you look at and say I hope they have a lot of plan B, C, Ds,” said Silicon Valley Bank CEO Greg Becker on the Fortune
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Mortgage delinquencies fall to a record low in May

Mortgage delinquencies fell to a record low in May as a strong labor market helped Americans to pay their mortgages on time. Late payments fell to
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Affordable Hawaii Project Receives $41M Loan

Kyle Peterson and Michael Liefer of Walker & Dunlop structured the 16-year loan through Freddie Mac. Peterson and Liefer worked closely with the
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Class Valuation hires Fannie Mae's Tim Staudenmaier

Collateral valuation and appraisal management company Class Valuation has hired Tim Staudenmaier as its new director of Digital Strategy.
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Redfin: A lack of housing supply is slowing home-sale growth

In May, home-sale growth continued to lag, highlighting a slowdown in inventory, according to new data from Redfin. According to the company's
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The company said that the integration provides lenders using Blend and Mortech the ability to …

“Borrowers shopping for mortgage financing continue to demand a combination of guided online self-service tools with personal and professional
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Low mortgage rates trigger more loan applications – and longer delays

Xibu J tff: Locally, well-qualified borrowers can get the following fixed-rate mortgages without points: A 15-year FHA (up to $431,250 in the Inland
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The 13th Annual Women's Leadership Conference Welcomes an Exciting Array of Speakers to the …

… Airport; and Patty Arvielo, entrepreneur founder of a break-through mortgage company that specializes in financing minority communities.
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