Reunion Mortgage, Milpitas, Calif., has pulled out of Florida, abruptly closing its wholesale office there. A company official confirmed the shutdown to MortgageWire. "Yes, we're closed, as of today," he said. He declined to say why. Reunion opened its wholesale office in Tampa two years ago. A company official at the lender's California headquarters did not return a telephone call about the matter. Reunion, according to its website, has 100 employees. The company is almost 10 years old and focuses mostly on wholesale lending.
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HUD said its Office of Fair Housing and Equal Opportunity has reduced a Biden administration case backlog by 27% and accelerated investigations.
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Bill Greenberg and Mat Ishbia held a video chat on June 11. The companies disputed the outcome, but in the end, UWM did not make a new proposal for Two Harbors.
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Third-party originators support tightening some standards but say greater flexibility and coordination could help the market avoid disruption.
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But moderating price growth and friendly building policies in many markets hint at emerging affordability for aspiring buyers, Zillow said.
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On a year-over-year comparison, title underwriters produced 15% more premiums in the first quarter, as mortgage rates briefly fell under 6% in February.
June 15 -
The government-sponsored enterprise has provided language that servicers may utilize in situations involving temporary interest-rate buydowns.
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