Blue Financial, a mortgage banker based in Phoenix, is offering a free mortgage loan through August to any firefighter in Arizona as a way of saying "thank you" for their performance in a recent massive wildfire.Hal Jolley, president of Blue Financial, said the firefighters have done "an outstanding job" of containing the 248,000-acre Cave Creek Complex fire, which was ignited on June 21 by lightning. "As a salute to the good work, we are offering any firefighter throughout the entire state of Arizona a free 30-year conforming mortgage with absolutely no points, or lender fees whatsoever in the months of July and August," Mr. Jolley said. "Firefighters simply need to present their fire credentials at the time of application to receive this special thank-you."
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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.
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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.
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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.
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The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
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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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The Bureau of Labor Statistics report showed the labor force continued to expand but at a weaker rate than in recent months. The development weakens the case for a near-term rate hike.
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