Greenlight Financial Services, a direct-to-consumer mortgage lender based in Irvine, Calif., has announced the introduction of the Green Loan Discount on loan fees for qualifying consumers who practice "green principles."Consumers will be asked to fill out a questionnaire on Greenlight's website to determine whether they qualify for the discount, the company said. Questions pertain to the use of energy-efficient appliances, solar heating, and composting, the type of car one drives, and other criteria relating to LOHAS (lifestyles of heath and sustainability) standards, Greenlight said. The company can be found on the Web at http://www.greenlightloans.com.
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While income decreased from the fourth quarter, it accelerated on an annual basis across NVR's building and lending units.
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Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.
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Prevention through new building standards and mapping technology aim to keep home insurance rates down but mortgage bankers see challenges.
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The mortgage lender and servicer announced that Ranjit Bhattacharjee, a capital markets veteran, and Kevin Barker, a financial analyst with two decades of experience, have joined its ranks.
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Because of rising home values, more transactions have proceeds over the federal tax exemption, especially in California, a CoreLogic study found.
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Texas Capital Bank wants to bring the Administrative Procedures Act into the case, but Ginnie Mae said the legal proceedings are outside its scope.
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