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The California Housing Finance Agency is offering an additional $6,500 in down payment assistance to first-time homebuyers who qualify for its CalPLUS Conventional program.
October 7 -
Starwood Waypoint Residential Trust announced on Monday a $150 million private offering of convertible senior notes due 2017.
October 7 -
Springleaf Holdings has sold $1 billion in securitized real estate loans as part of a previously announced mortgage liquidation plan.
October 7 -
B of A mortgage strategists are concerned these underserved borrowers will keep housing market activity at "anemic levels."
October 7 -
DocMagic, a document provider for the mortgage industry, said that it has launched a version of its service through Liquid Logics' cloud-based loan origination system.
October 6 -
MountainView Management Co. plans to buy nonprime mortgages made to borrowers with credit scores in the mid to low-600s, maximum 80% loan-to-value ratios and balances as high as $2.5 million.
October 6
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Regulators recently offered a rare behind-the-scenes glimpse of what areas they are targeting for enforcement, saying that potential fair lending violations like redlining and how mortgages are priced and serviced remain top priorities for the future.
October 6
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Hometown Lenders in Huntsville, Ala., and Sun West Mortgage Co. in Cerritos, Calif., are paying a hefty price for hiring and allowing convicted felons to do business in Georgia.
October 6 -
The lesson in a recent consent order is clear an MSA cannot shield or rehabilitate an otherwise impermissible arrangement.
October 6
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Federal Home Loans Banks officials and others want more time to evaluate and comment on a Federal Housing Finance Agency proposal to restrict FHLB membership.
October 6
