Perhaps as a result of multiple voting (since it's strictly on the honor system), our special pre-election survey question on the Bush-Kerry race has yielded as much of a dead heat as the public opinion polls.As of shortly before 1 p.m. Friday, the tally stood at 457 for President George W. Bush and 453 for Sen. John F. Kerry, a much better showing for a Democratic presidential candidate than one would expect from a Republican-dominated industry. To go to the survey, click http://www.nationalmortgagenews.com/nmn/survey.htm.
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Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
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Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
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Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
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Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
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Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
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Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
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