Fannie Mae, Freddie Mac should be enabled to buy MBS, trade groups say

October 14, 2023by

A trio of housing trade groups is suggesting Fannie Mae and Freddie Mac once again be able to purchase...

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Canadian home prices face downward pressure as inventory builds and sales slow

October 14, 2023by

The trend of falling home sales and a growing number of listings continued in September, which observers say should...

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Grant Moon’s BlueForceX sees opportunities to help lenders save costs, grow production

October 14, 2023by

Investing in tech to save costs and get business in the door has become ever more important in an...

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Former Live Well portfolio manager avoids prison time

October 14, 2023by

Darren Stumberger, the former portfolio manager and head of the bond trading section of defunct reverse mortgage lender Live...

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How effective is direct mail reverse mortgage advertising?

October 14, 2023by

This past summer, the Consumer Financial Protection Bureau (CFPB) published a report that took a close look at the...

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CrossCountry in talks to acquire Fairway: sources

October 14, 2023by

Two top-20 mortgage lenders in the United States may combine forces amid the most challenging market in decades. CrossCountry...

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Treasuries and oil climb on Israel-Hamas conflict: markets wrap

October 14, 2023by

(Bloomberg) --Treasuries climbed with oil amid signs Israel is preparing for a ground invasion of Gaza. Stocks edged lower.US...

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Coventry expands 90% product range and cuts rates

October 13, 2023by

Coventry for intermediaries has launched two and three-year fixed rate products at 90% LTV, to sit alongside the five-...

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Weekly rate watch: Fixes continue to fall  

October 13, 2023by

Average fixes fell this week as lenders continue to take advantage of the lull in the Bank of England’s...

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Title and wire fraud risk appeared in nearly half of 3Q loans

October 13, 2023by

Signs pointing to the threat of wire or title fraud declined from earlier this year but still showed up...

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