He also acknowledged using depreciation, a provision of the tax code that can allow a real-estate owner to write off losses that exist only on paper.
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Its Mortgage Revenue Bond Investments segment consists of its portfolio of … but which it intends to finance by such bonds through a restructuring.
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HousingWire contacted Ditech and Walter Investment for clarification on the company's structure going forward, and this article will be updated should
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In case anyone thought that Wells Fargo's now-former CEO John Stumpf falling on the sword and âretiringâ would stem the tide of bad news for the
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TORONTO — Canadian mortgage brokers say they're seeing a flurry of borrowers trying to pre-empt new federal rules that take effect Monday that will
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With his warm and compassionate attitude, soulful brown eyes, and thick, naturally curly black hair, it was almost impossible for people to take their
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CircleBack CEO and co-founder Michael Solomon said that if the lender can't raise money, it will transfer existing loans to another company to handle
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âThe big question everybody asks me is, 'What is the election doing to the housing market?' And my answer is: It's doing nothing to the housing market
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Sales of condos and townhomes could soften in Canada's two largest housing markets as first-time buyers face tougher lending rules that take effect
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SANTA ANA, Calif. â A disbarred California attorney was arrested Friday morning on federal charges of running a mortgage modification scheme that
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As the digital revolution in banking advances, the whole lending landscape is transforming to focus on the borrower. This has ramifications throughout
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Despite its ongoing investigation into its massive fake account scandal, Wells Fargo still managed to beat earnings expectations in the third quarter of
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The Index of Consumer Sentiment decreased to 87.9 at the beginning of October, its lowest level since last September and the second lowest level in
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Wells Fargo said the amount of money it ultimately expects to collect on a portfolio of soured mortgages had declined in the third quarter by more than
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Oct 14 Online lending platform operator LendingClub Corp said it had raised interest rates for some of its loans and tightened credit policy that would
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