The Money Source taps Ellie Mae to digitize correspondent lending

The Money Source taps Ellie Mae to digitize correspondent lending

The Money Source is the latest mortgage company partnering with Ellie Mae to streamline workflows between lenders and correspondent investors
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Canada's housing market remains highly vulnerable, even as overvaluation eases

OTTAWA, Oct. 25, 2018 /CNW/ – Canada's overall housing market remains highly vulnerable, however, conditions of overvaluation are easing as a
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UK equity release mortgage rules delay boosts life insurers

The mortgages have been growing in popularity: total lending was £3.1bn in 2017, up from £925m five years earlier, according to the Equity Release
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Is UBS Delivering Enough for Shareholders?

… businesses and revive a lackluster share price. Bloomberg's Patrick Winters reports on “Bloomberg Markets: European Open.” (Source: Bloomberg)
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Berkadia Facilitates $49M Financing for Chicago Redevelopment Project

Berkadia facilitated the financing, a non-recourse renovation loan, through Granite Point Mortgage Trust Inc. “The financing was unique in that
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Podcast: Key Ingredients of Top Community Bank Performance

For 11 years in a row, Chesapeake Bank has been named to American Banker's list of the top-performing community banks; for six straight years,
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Lloyds Banking Group +3.2%, 'on track' to meet 2018 targets

Lloyds Banking Group (NYSE:LYG) advances 3.2% in premarket trading in New York after posting Q3 net income of £4.45B, up 2% from £4.35B a
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Leominster Credit Union hosts Mortgage Lending Training Session

LEOMINSTER, MA (October 25, 2018) — Leominster Credit Union (LCU), in conjunction with Genworth Mortgage Insurance, hosted its second
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Alphabet, Amazon: What to Watch for in 3Q Results

Bloomberg Intelligence's Paul Sweeney looks ahead to third-quarter results from Amazon.com Inc. and Alphabet Inc. He speaks on “Bloomberg
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Madigan announces $1.2 million settlement with mortgage company

“I appreciate the Department of Financial and Professional Regulation's partnership with my office to root out mortgage fraud at Diamond Residential's
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Biden, De Niro Reported as Additional Targets: Bomb Scare Update

Authorities have launched a broad investigation into the mailing of suspected pipe bombs to to leading Democrats, including former President Barack
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Best Hope for Italian Bonds May Be Populist Coalition's Collapse

Goldman Sachs warned this week that markets may have a role to play again this time, and that more pressure will be required before the government
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The US Economy Is Doing Great. Why Isn't Housing?

The housing market is one of the few sectors of the U.S. economy that isn't sharing in the recent pickup in growth. Purchases are slowing down,
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UK Finance 'not convinced' of link between green homes and mortgage risk

Bank of England staff recently found borrowers in greener homes were a lower credit risk, largely because households spend less on bills and
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Vietnam investment trust shrugs off emerging market volatility

The fund investing across asset classes – listed and unlisted equity, private equity and real estate – VOF's approach is differentiated by its focus on
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Sell-Offs Are Normal, But This Week Is Shocking the Pros

“People have been tiptoeing to 2018 largely with their eyes wide open, but the markets are clearly overreacting,” said Jack Ablin, chief investment
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Yesterday's Stock Market Plunge Points to More Trouble Ahead

Yesterday's Stock Market Plunge Points to More Trouble Ahead … “There is one extremely obvious reason that the housing market is so slow that so
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UBS CEO Ermotti Talks Growth, Buybacks and Tapping the US Market

Sergio Ermotti, CEO of UBS, discusses the company's share price performance, his ambitions for the U.S. market, and UBS's buyback targets.
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Lombard Odier brings blue-blooded private banking to SA

Switzerland-based private bank Lombard Odier is expanding its services to the South African market, targeting clients looking to diversify their
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Will Corporate Debt Cause the Next Recession?

Bloomberg News looked into a bunch of big acquisitions and found that a lot of companies are so leveraged that they would have a junk label if credit
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