Purchase mortgage applications are still on a roll

Purchase mortgage applications are still on a roll

The average contract interest rate for 5/1 ARMs decreased to 3.08% from 3.19%. Glenn McCullom. Copy Editor, National Mortgage News.
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Real Estate Roundup 5.27.20

How Francis Greenburger's Time Equities still obtained funds: Properties are held by separate special-purpose entities that Greenburger controls with
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Newmark Group To Participate In KBW Real Estate Finance & Technology Conference On May 28 …

(NASDAQ: NMRK) (“Newmark”, or the “Company”), a leading full-service commercial real estate services business, today announced that its Chief
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Fed Support Helps Stabilize MBS Market

Fannie Mae and Freddie Mac bonds aren't US government guaranteed, but they are under conservatorship of the US government and regulated by
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First Graduates For Real Estate Online Pre-licensing Announced

SHREWSBURY – NJ Real Estate Prep, a state-approved provider of pre-licensing training for real estate salespersons and brokers located in
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High-Leverage Loans Face Elevated Risk

As part of their plan to navigate a volatile landscape, Fannie Mae and Freddie Mac have also increased reserve requirements for higher-risk loans,
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Is June rent canceled? Can landlords evict tenants? Late fees, laws and what we know

… in the CARES Act only applies to properties that receive federal funds and/or are financed under a federal program like Fannie Mae or Freddie Mac.
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ORIX Real Estate Capital Named Top FHA Lender in 2019

OREC merged with Hunt Real Estate Capital (HREC) at the beginning of 2020. “These results reflect the depth of our commitment to this market and the
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ATI Physical Therapy Names Todd Powers Senior Vice President of Real Estate

As a seasoned business leader with ample real estate experience, Powers will oversee all aspects of the real estate process, fostering the growth of
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Baker Donelson names new co-chair of its real estate practice group

Denise W. Killebrew, a shareholder in the Birmingham office of Baker Donelson, will co-chair the firm's real estate practice group. By Angel Coker –
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Berkadia Lines Up $661M in Freddie Mac Debt on 4-State Portfolio

The financing from Freddie Mac encompasses 22 individual 10-year fixed-rate loans with a maximum loan-to-value ratio of 80%. The proceeds from
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Charlotte Multifamily Wrap-Up – May 2020

The $35 million, fixed-interest Freddie Mac loan matures in 2030, Yardi Matrix shows. The 18-building community opened in 2013 and is located at
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Coronavirus: Did you apply for mortgage help? Here's why you need to be careful| Webb

… note that Old National Bank is also a mortgage servicer, which means that we service loans for investors like Fannie Mae and Freddie Mac,” he said.
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How millennial real estate investors have shifted their strategy in response to the coronavirus …

And he's on track: Sanchez earns more than $200,000 a year from his full-time job as an overhead lineman. However, he sees real estate as his path to
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Ready, set…Chicago details office, retail, real estate services reopenings. But when?

Ready, set…Chicago details office, retail, real estate services reopenings. But when? No specific date has been set for its Phase 3 plan, which would
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It's Time for a Fintech to Help Bank on Small-Dollar Lending in the US

Fintech lenders are deploying a variety of approaches to alternative underwriting, which enable banks and credit unions to offer more favorable loan
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How's the market? Delayed mortgage payments

Fannie Mae and Freddie Mac are government-sponsored enterprises that buy mortgages from lenders and either hold these mortgages or package the
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JLL Capital Markets Completes Sale and Financing of 232-Unit Hawthorne at Lake Norman in …

Additionally, JLL worked on behalf of PassiveInvesting.com to secure the 10-year, fixed-rate loan through Freddie Mac. The loan will be serviced by
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The rise of virtual offices will change commercial real estate

The rise of virtual offices will change commercial real estate. Part II: Where We Go From Here. By: Mike Kushner, Contributing Writer May 27
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Low mortgage rates increasingly accessible for poor credit score borrowers

… for other programs used by first-time or entry-level buyers like FHA, VA, USDA, Fannie Mae HomeReady and the Freddie Mac Home Possible plan.
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