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There's an elephant in the room amidst discussions on how to unwind Fannie Mae and Freddie Macthe two government-sponsored enterprises are now making money hand over fist.
February 3 -
Hundreds of millions of dollars in mortgage-fraud settlements are providing a windfall to state attorneys generaland creating a new class of political winners and losers.
February 3 -
FHA officials believe lenders will qualify more borrowers with sub-680 credit scores via manual underwriting, but there is concern they will simply limit originations to plain-vanilla FHA.
January 31
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The portfolio also has an average loan size of $265,833 and is 100% first lien.
January 31 -
Right now, there are contradictory messages between servicers of what is compliant. Utilizing technology can help servicers remain compliant to all of the industry regulation in effect today.
January 31
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The settlement is part of CEO Brian Moynihans efforts to resolve liabilities tied to faulty mortgages that have cost the company at least $50 billion since the financial crisis.
January 31 -
The pool has a relatively high concentration of 11 hotel properties securing close to 21% of the allocated loan balance.
January 31 -
Alaska is the last on a very short list of states that have digitized 100% of their real estate and land inventories.
January 31 -
The real estate investment trust recorded a consecutive-quarter earnings gain on Thursday that reflects slower prepayments in its agency adjustable-rate mortgage portfolio during the last three months of 2013.
January 31 -
The rebranded Arch Mortgage Insurance Co. is ready to start underwriting policies on loans from all originators, not just credit unions.
January 31
