UPDATE 1-PHH Corp settles with 49 US states over mortgage misconduct

UPDATE 1-PHH Corp settles with 49 US states over mortgage misconduct

The company will follow comprehensive mortgage servicing standards, conduct audits and provide results to states under the deal. Over $30 million of the settlement funds will go toward affected borrowers. The settlement comes as PHH Mortgage awaited a ruling from a U.S. appeals court in its fight
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Property predictions 2018: Sydney slowdown, bumper year for Hobart

Wondering what the property market has in store for 2018? Whether you're on the hunt for a first home for your family, or you're a seasoned buyer on your fifth investment home loan, knowing what's ahead is key to making sure you find the right property fit. Below I've outlined where I think the property
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What You Need To Know About the Protests in Iran

A 2013 investigation by Reuters revealed that some of the organizations Ayatollah Khamenei controls have allowed him to amass a fortune. Setad, a foundation meant to help the poor and run by the supreme leader reportedly without oversight, was worth $95 billion at the time. In recent events, enemies
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New year brings new mortgage protections for Oregonians

Senate Bill 98, passed during the 2017 legislative session, places mortgage companies that service Oregon home loans under the licensing and enforcement authority of the department's Division of Financial Regulation. Mortgage loan servicing companies must now obtain a license from the division.
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Popular software Agile CRM makes its real estate debut

Have suggestions for products that you'd like to see reviewed by our real estate technology expert? Email Craig Rowe. Agile CRM is a customer relationship management solution. Platforms: Browser; mobile-optimized Ideal for: Large teams; brokerages Top selling points Established, multi-industry
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Ask a Lender takes loan searches to a new level

“This is an unpresented opportunity for mortgage brokers and bankers to present niche-loan types ― whether they are the bread and butter of their business or not,” says Brian B. Simmons, CEO and founder of Ask a Lender. “It is a win-win situation for borrowers and loan professionals,” Brian adds.
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Spotify Might Have Already Confidentially Filed for Its IPO Last Month

While direct listings are rare—especially for a high-profile IPO like Spotify's—they also allow companies to avoid issuing new shares to raise capital that would dilute the holdings of current executives and investors. As Fortune noted last summer, if Spotify pulls off a successful direct listing, that could spur
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Mortgage activity up in 2017 due to first-time buyers

Mortgage activity rose in 2017 due to heightened first-time buyer activity, UK Finance data has found. It estimated gross mortgage lending in October was £23.1b, 9% higher than a year earlier, with 60% of all new lending provided by high street banks. Eric Leenders, managing director of Commercial
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Singapore Home Prices Poised To Grow 5% in 2018, Extending Rebound

Singapore's housing market continues to gain momentum after a nearly four-year slump, with residential prices rising by 0.7 percent last quarter – bringing full-year growth to one percent in 2017 – and further growth of up to five percent expected for 2018. The boost in private residential prices in the last
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Mondelez International Inc (NASDAQ:MDLZ) Stake Lowered by Stifel Financial Corp

Acrospire Investment Management LLC boosted its position in shares of Mondelez International by 1,450.0% in the 2nd quarter. Acrospire Investment Management LLC now owns 3,100 shares of the company's stock worth $134,000 after purchasing an additional 2,900 shares in the last quarter.
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Capital Economics: Mortgage applications ended 2017 on 'weak note'

“Potential buyers see little point in applying for a mortgage when there are no homes available to buy,” the report said. “Admittedly, that lack of inventory has not prevented a surge in home sales in the final few months of the year. But, with mortgage applications for home purchase flat, cash-buyers must
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Mortgage Underwriter 3-4 Job in Long Beach Area, CA

SunTrust has a career opportunity for a Mortgage Underwriter 3in4.
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Term Sheet — Wednesday, January 3

Read more at Fortune. • Microsoft agreed to acquire Avere Systems, a Pittsburgh, Penn.-based provider of high-performance storage for cloud, hybrid and on-premises environments. Financial terms weren't disclosed. Avere Systems had raised approximately $86 million in venture funding from investors
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STACR Debt Notes Again Receive Top NAIC Designations

MCLEAN, VA–(Marketwired – Jan 3, 2018) – Freddie Mac ( OTCQB : FMCC ) today announced that its Structured Agency Credit Risk (STACR®) debt notes have received designations by the National Association of Insurance Commissioners (NAIC) for the 2017 filing year. 2017 STACR Debt Note NAIC
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Investment in technology paying dividends for mortgage brokerage

Eastern Union Funding, one of the nation's leading commercial real estate mortgage brokerages, is closing in on a record-breaking year of nearly $4 billion in lending transactions, thanks in large part to our commitment to bringing technological advancements to our brokers and our clients as part of a
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Signs point to the Spanish property market continuing to recover in 2018

Property sales recorded in Spain recorded in the land registry soared in October 2017, up 28%, the biggest increase since the housing market recovery began. The figures from the National Institute of Statistics suggest that the end of the summer months were strong for sales as the data refers to
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Retail Mortgage Producing Sales Manager Atlanta Job in Atlanta Area, GA

Responsible for managing and directing the work for a team of Mortgage Loan Consultants and/or Production Assistants. Primary function is to serve as a sales manager developing and implementing sales strategies to encourage sales growth and to grow loan sourcing channels within a local market.
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Visualizing the End of Passwords

Just don't tell that to car dealers or title companies. Particularly comical is that we personally authorize retail purchases by signing via digitizers. A digitized signature could be affixed to anything. Oddly, we do this for no apparent reason, as cashiers rarely can see or validate signatures anyway.
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The Different Types Of Mortgages

Once you've found your dream home, or perhaps you haven't just yet, you'll almost certainly need a mortgage to move in. But which one should you go for? Read on to learn about the different types of mortgages there are and which one is right for you →
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Govt to infuse Rs 7577 crore in 6 weak PSU banks

The finance ministry has approved the proposal for the infusion of Rs 7,577 crore in 6 weak public sector banks (PSBs) as part of the recapitalisation plan to bolster the capital adequacy ratio. All these banks, which got capital support, are under prompt corrective action of the Reserve Bank of India.
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