Countrywide Financial Corp., Calabasas, Calif., and Taylor Woodrow Homes, a homebuilder headquartered in Bradenton, Fla., have announced the formation of TWH Mortgage under the aegis of Countrywide Mortgage Ventures LLC.The joint venture will offer homebuyers in Northern and Southern California a variety of loan programs, including zero-downpayment loans and streamlined Fast & Easy loans. Taylor Woodrow is developing and constructing planned communities, with both condominium and single-family projects, at 23 locations around the state in addition to its 42 existing communities, Countrywide said. Countrywide can be found online at http://www.countrywide.com.
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A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
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