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Most troubled homeowners can avoid a long foreclosure process by selling and exiting with clean credit or even a profit, but a little under 2% may not have enough value in their property.
July 13
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The bank's second quarter production revenue was down 32% from the first quarter, even as volume increased 4%.
July 13
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Single-family rental houses and townhomes underpin the securitization, with a feature to transfer or obtain a release of any property that meets conditions.
July 13
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Competition amongst those shopping for homes fell for the second straight month as surging prices pushed consumers to the sidelines and inventory saw modest gains, according to Redfin.
July 13
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Also, digital platforms LenderClose, Reggora, UpEquity continue 2021 growth, Evolve gains a VP in E-Notary Seal acquisition and former NewRez CEO becomes board chairman at Keystone Funding.
July 13
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The Mortgage Bankers Association is advocating for more funding for the agency due to its elevated securitization activity, and counterparty risk linked to a lingering concentration of loans in forbearance.
July 12
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Boosts in purchases and cash-out refinances drove the summer turnaround, according to Black Knight.
July 12
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The New York-based lender projects it has a $3.6 trillion market opportunity outside of the U.S.
July 12
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Local mortgage and real estate professionals give insight on the metro areas projected to experience the highest appreciation over the next year, according to Zillow.
July 12
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Also: Private equity firms to buy Lereta, mortgage rates continue to fall & mortgage applications decline for a second week
July 9
