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New rules designed to stop U.S. companies from moving their tax addresses offshore are written so broadly that they could disrupt the mortgage securitization market, the Structured Finance Industry Group warned Thursday.
July 7 -
Freddie Mac is on track to issue mortgage-backed securities via a common securities platform by the end of this year, according to the Federal Housing Finance Agency.
July 7 -
Quontic Bank, a Community Development Financial Institution in New York, is offering a product reminiscent of crisis-era no-doc and low-doc loans. But does this "Lite Doc" loan carry the same risk?
July 7
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Assurant Inc. in Atlanta has acquired American Title, a title and valuation services provider.
July 7 -
Good intentions won't lower costs, improve workflow or maintain compliance. Decision-makers need to put their money where their mouths are when it comes to implementing technology to keep costs down, improving workflow and maintaining compliance.
July 6
Indisoft -
The Federal Housing Finance Agency has opened the door to experimenting with front-end credit risk transfer transactions, but it is not wide enough for some market players.
July 5
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The Consumer Financial Protection Bureau recently dressed down the mortgage industry for failing to innovate. Here are 10 tech ideas from the National Mortgage News team that could improve efficiency, margins and the industry's image among growing demographics. Some might sound farfetched, but so do most great inventions at first. Dream big.
July 1
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Lenders don't need to worry about meeting new requirements for getting tax transcripts from the Internal Revenue Service heading into the holiday weekend.
July 1 -
The scheme is used by borrowers who don't have enough income to qualify for a regular mortgage, so they apply for a higher rate non-owner-occupied loan.
July 1
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The Federal Housing Finance Agencys first report on the sales of nonperforming loans owned by Fannie Mae and Freddie Mac may seem discouraging at first.
July 1
