The average rate on a 30-year fixed-rate mortgage went up three basis points, the 15-year fixed rate fell one basis point and the 5/1 ARM was unchanged, according to a NerdWallet survey of daily mortgage rates published by national lenders Friday. The 30-year, fixed-rate mortgage is three basis points
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MTE continues to lead the field in offering a faster and more efficient way for advisers to digitally submit and process applications in the mortgage industry. Mortgage Brain has announced that its mortgage application platform, Mortgage Trading Exchange, has processed over two million mortgage
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Wedbush lowered its price target on Lending Club (NYSE: LC) to $4.00 (from $4.50) while maintaining a Neutral rating following the company's investor day. Analyst Henry Coffey said the biggest takeaway from the LC investor day is that the company “is starting to look and act more like a seasoned
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On the issue of foreign ownership of assets, he said, “It's good we've opened up to foreign inflows, which we need for financing our external balance … He cited the example of mortgage lender HDFC, whose market cap has grown from Rs 500 crore in the 1980s to around Rs 2.60 trillion now but the
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… Carolina HFA's active single family financing program. The proceeds of bonds issued under this indenture are used to finance affordable housing to low and moderate income persons in the State of North Carolina. All of the bonds under the indenture are secured equally by all of the mortgage loans.
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The monthly jobs report was a little bit of a mixed bag and wound up not having too much of an effect on mortgage rates today. Right now, rates are on track to head into the weekend close to where they kicked off the week. This is good news for anyone looking to purchase or refinance. Read on for more
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âLondon is not a place to stash your dodgy cash, announced then-British prime minister David Cameron in 2015, as part of a grand move to bring the UK to the forefront of the global anti-corruption fight. But it wasn't true then and it isn't now. Cameron's aim was to upend the British real estate sector's
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Curo Group Holdings Corp (NYSE: CURO) held its IPO on Thursday, testing the waters of the public markets less than a month after President Donald Trump chose Mick Mulvaney as the new head of the Consumer Financial Protection Bureau. The timing of Curo's IPO may have been carefully chosen.
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Royal Bank of Scotland boss Ross McEwan says the chances of the bank reaching a settlement this year with the US Department of Justice for its role in mis-selling toxic mortgage-backed securities is âdiminishingâ. Mr McEwan told Bloomberg TV the Edinburgh headquartered bank had expected to
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Mortgage rates today changed very little. That's in spite of a surprise result in what's arguably the most important economic report for mortgage rates, the Monthly Employment Situation for November. Analysts predicted that the unemployment rate would remain at 4.1 percent, with 200,000 new jobs, and
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After purchasing an 11-building business park just south of Charlotte Douglas International Airport last year, one Minnesota real estate firm is ready to get to work. Minneapolis-based The Meritex Co. has begun development on a 79,420-square-foot multitenant industrial building on vacant land next to
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When the deal was announced in August, PR Mortgage & Investments Executive Vice President Michael Dury said “the RICHMAC platform gives our existing customer base access to Freddie Mac and Fannie Mae, which complements our existing FHA lending platform. Furthermore, RICHMAC and its
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Houston Fire Department firefighter Phuoc Ngo, left, and his wife Christine Co build a snowman in Spring, Texas on Dec. 8, 2017. J. PhillipâAP/REX/Shutterstock. By Chris Morris. 11:00 AM EST. Forecasters say the Southeast could face winter weather conditions this weekend, with wet snow or sleet
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Hello and happy Friday, readers! This is Sy. I hope you've had a wonderful week. The finance world has been watching the crackerjack rise of bitcoin, the digital cryptocurrency phenomenon, with a combination of fascination and, in many cases, severe skepticism. Bitcoin is currently trading at around
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WASHINGTON â President Trump on Friday promised no reduction in âfines and penaltiesâ against the banking giant Wells Fargo, apparently pushing back against a report that his administration was reviewing whether the bank should be forced to pay hefty fines for abusive mortgage lending practices.
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A bitcoin mining service was hacked to the tune of $64 million this week, underscoring once again how the world of digital currency attracts scammers and thieves. Such stories can scare off amateur investors who fear bitcoin isn't just volatile, but that it's insecure. This isn't really fair to bitcoin. The reality
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Philip Morris International logo Amalgamated Bank raised its holdings in shares of Philip Morris International Inc (NYSE:PM) by 61.4% during the second quarter, according to its most recent filing with the SEC. The firm owned 172,513 shares of the company's stock after purchasing an additional 65,597
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Amundi Pioneer Asset Management Inc. raised its holdings in Old Republic International Corporation (NYSE:ORI) by 8.6% during the 3rd quarter, … various regulated insurance company subsidiaries, which are organized into three segments: General Insurance Group, Title Insurance Group and the
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DALLAS (AP) â Two Texas men have been indicted in a $1 million real estate investment scam that prosecutors say involved pricey cars, private jets and religious deception. U.S. Attorney Erin Nealy Cox on Friday announced the arrest of 23-year-old Joshua Pugh of Dallas and 50-year-old Johnny
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Still, this week the central bank kept its benchmark rate unchanged at 1%, and said it would remain cautious in rate-policy making due to a series of uncertainties the economy faces, related to U.S. trade policy and the impact of new mortgage-financing rules. Continue Reading Below. ADVERTISEMENT.
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