OceanFirst's own press release points out the federal government has obtained $120 million in relief in similar cases since 2021.
This deal will allow PHH Mortgage to substantially increase the number of reverse MSRs it handles on an outsourced basis.
A failure at an Amazon Web Services data center in Virginia caused widespread outages, hitting services at several banks and fintechs.
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Mortgage experts say the government can tweak closing costs, offer tax incentives around home sales and reduce interest rates by various means.
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While August's views on buying conditions and rates increased over July, the other components in Fannie Mae's sentiment index all declined, driving it lower.
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US Chief Justice John Roberts let President Donald Trump temporarily oust a Democratic member of the Federal Trade Commission, signaling that the Supreme Court is likely to back Trump's bid to assert control over the independent agency.
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The Office of the Comptroller of the Currency is telling financial institutions that they must safeguard customer data even when federal agencies request information in criminal investigations, addressing Republican concerns about debanking that arose after the Jan. 6 Capitol attack.
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Black homeownership fell to 43.9% this summer, its lowest since 2021, as rising unemployment and federal layoffs widened housing gaps across demographics.
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Premiums for property insurance have risen over 69% since 2019, far outpacing other components of the monthly mortgage payment, ICE Mortgage Technology found.
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What you don't know about a builder's operation could do more than delay your clients project. It could sink your business.
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The government-sponsored enterprises' changes to their representations and warranties regulations could increase lending and some risks. Here's the downside to the move and how lenders can mitigate related concerns.
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Now that the FY 2014 Actuarial Review has confirmed that FHA is back on solid financial footing, it is time to focus on the only disappointment in the review of forward mortgages FHA's volume decline and its implications for lower income and minority families who rely on FHA financing.
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ON-DEMAND VIDEOMonetary policy remains the key to the markets. The Federal Open Market Committee predicts one rate cut in 2026, but the panel will get a lot of data before
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ON-DEMAND VIDEOWith the government reopened and data flowing, the FOMC may cut rates again in Dec. Steve Skancke, Chief Economic Advisor at Keel Point, will break down the mee
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ON-DEMAND VIDEOWill the Federal Reserve cut rates in October? BNP Paribas Chief U.S. Economist James Egelhof discusses the meeting and Chair Jerome Powell's press conference.
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