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Mill City Holdings is returning to market with its fourth securitization of reperforming residential mortgages, this time with a sliver of home equity lines of credit added to the mix of collateral.
March 9 -
Most lenders' quality control headaches were triggered by the Consumer Financial Protection Bureau's Truth in Lending Act-Real Estate Settlement Procedures Act integrated disclosure rule.
March 8 -
The HUD inspector general reignited an ongoing dispute with housing regulators, saying $29 billion of Federal Housing Administration mortgages may be at risk because they relied on deceptive borrower-financed down-payment assistance.
March 8
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Altisource Portfolio Solutions has launched a new mortgage trading platform for mortgage bankers and loan investors.
March 6
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Rising interest rates have slowed a recent run of unexpectedly high prepayments of government-insured mortgages, making servicing rights for loans held in Ginnie Mae securities more attractive to investors.
March 6
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Ben Carson is facing a turbulent housing market as he takes the reins of the Department of Housing and Urban Development, with mortgage rates rising, inventories tight and home prices higher.
March 3
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The current partisan war over the Dodd-Frank Act is just one dispute in a broader ideological divide about the government’s role in industry.
March 3
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Under the Trump administration, the challenge for the industry is to find the proper balance between supporting post-financial crisis regulations that have worked well and campaigning for reform efforts that have been ineffective.
March 2
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The Senate voted 58-41 on Thursday to confirm Ben Carson to be the 17th secretary of the Department of Housing and Urban Development.
March 2
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New Residential Investment Corp. is readying an offering of bonds backed by both reperforming and nonperforming mortgages.
March 2
