Interest rates have been on the rise since last fall but remain below historical norms. The national average for a 30-year fixed-rate mortgage was nearly 4.5 percent last week, up from 3.8 percent in September, according to Freddie Mac. That rate was above 6 percent for part of the 2000s and higher than
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Darnell Stokes is wanted in connection with what deputies describe as a home loan scheme. (Source: Georgetown Co. Sheriff's Office). Daisy Green-Stokes is wanted in connection with what deputies describe as a home loan scheme. (Source: Georgetown Co. Sheriff's Office). GEORGETOWN COUNTY
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(Reuters) – President Donald Trump's dramatic intervention in Singapore-based Broadcom Ltd's (AVGO.O) $117 billion hostile bid for U.S. semiconductor peer Qualcomm Inc (QCOM.O) is the latest reminder to investment bankers not to take lucrative fees on transformative mergers for granted under his
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âWhen you go through title companies and escrow they want to make sure when you purchase property you actually have rights to sell, purchase and own it. It was just making sure all the documents were cleaned up so there won't be a legal issue later about the true ownership.â As Hollister Farms
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BREA, Calif., March 13, 2018 /PRNewswire/ — American Financial Network, Inc. (AFN) today introduced AFN Protection+, an innovative mortgage product that protects a homebuyer's down payment and is available immediately on all applicable AFN mortgages. AFN Protection+ will include +Plus SM
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SocialSurvey took feedback from 20,000 loan officers and 200,000 of their customers and say they were able to rank the top loan officers in terms of customer satisfaction. According to the company, âSocialSurvey's 2017 Top 50 Loan Officers for Customer Satisfaction is a fierce competition of mortgage
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While monthly mortgage payments rose across the country, some cities saw a particularly dramatic jumpârising by $378 for a median priced home in San Francisco, $363 for one in Los Angeles, $242 in San Diego, $236 in Minneapolis and $213 in Atlanta. The biggest mortgage increase occurred in
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Digging deeping into the Freddie Mac 5.79 (FMCCK) 's technical indicators, we note that the Williams Percent Range or 14 day Williams %R currently sits at -77.50. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from
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Hope LoanPort will receive funding and guidance to expand its loss mitigation platform for servicers, housing counselors and mortgage borrowers from the Finance of America Foundation, a nonprofit with ties to former Rep. Barney Frank. “This is taking what we've done in the past to a new level,” said
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The Financial Services Roundtable and The Clearing House Association are merging, the two groups announced Tuesday. Both groups boast the nation's largest groups among their members. The Clearing House Association is one of Wall Street's largest lobbying groups. The organization is part of
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He'll be lucky to break even on the sale of the 16,000-square-foot Coral Ridge palace. âI can't comment on this listing at all,â said Julie Jones-Bernard, the Realtor who has the contract. Records show the 6-foot-4 300-pounder bought the property in July 2015, weeks after he was signed by the Fins in the
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âWe see this happen every time there's a natural disaster,” says South Floridaâbased real estate consultant Jack McCabe. … These early signs of trouble in the mortgage market, however, haven't yet been reflected in later-stage delinquencies on a national level, or in foreclosures. Nationally, about 5.3%
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In a scenario that has become familiar as department stores look to downsize and monetize excess real estate, Sears Holdings has entered into a deal to sell four of its stores. Washington Prime Group announced Monday plans to acquire the Sears locations along with their adjacent Sears Auto Centers
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It isn't clear where Rex Tillerson goes from here, but he has 180 million reasons to avoid the oil industry. The freshly ousted secretary of state's exit package from former employer Exxon Mobil Corp. stipulates that if Tillerson returns to the private sector to work for a competitor, he could forfeit roughly
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A lender and broker have acknowledged that specialist lending has an 'image problem' at FSE Glasgow today. It was during a session titled: 'Both sides of the coin: specialist lending from a broker and lender perspective', which covered topics including second charge and development finance.
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A former home of retired basketball player Dennis Rodman is for sale in Orange County at $2.35 million. (Redfin.com). As Dennis Rodman continues to test the waters of geopolitics, a former home of the NBA Hall of Fame player is testing the housing market in Orange County. Set on an acre in Saddle
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The entrance to the Dick's Sporting Goods store is seen in Glendale, California is seen February 28, 2018. Robyn BeckâAFP/Getty Images. By Phil Wahba. 4:38 PM EDT. Dick's Sporting Goods' (dks, +1.00%) recent move to stop selling assault-style weapons from some of its stores won the athletic gear
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A late addition to the legislation sponsored by Banking Committee Chairman Mike Crapo, R-Idaho, would direct the Federal Housing Finance Agency to review credit-scoring alternatives for Fannie Mae and Freddie Mac mortgage purchases. FHFA currently relies on FICO's classic scoring model.
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For the ninth straight year, the Post team has compiled In Charge, a compendium of Middle Tennessee's top business, political and civic leaders. Among the more than 500 women and men on this list are numerous new faces. Here are the movers and shakers in the development and real estate sector.
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The overall delinquency rate remained unchanged in December as early stage delinquencies increase by serious delinquencies fell, according to the latest Loan Performance Insights Report from CoreLogic, a property information, analytics and data-enabled solutions provider. The overall delinquency
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