Integrity Mortgage Corp., St. Louis, has changed its name to American Equity Mortgage, which acquired the company in 2004.The name change will affect Integrity's seven branches in Ohio, Kentucky, and Indiana. "With the majority of our branches operating under the same name, we can fully leverage the effectiveness and buying power of national advertising, public relations, and community relations programs," said Deanna Daughhetee Vinson, president and chief executive officer of American Equity Mortgage. American Equity Mortgage specializes in debt consolidation, using home equity to combine all bills into one monthly payment. The company can be found online at http://www.americanequity.com.
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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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Small businesses located near HUD's historic headquarters claimed the department's decision violated laws requiring that its offices stay in Washington, D.C.
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Expected coupons range from 5.66% on the AAA-rated A-1A tranche to 8.52% on the tranche rated B+.
July 1 -
This data release means another milestone for the use of updated credit score models than the current FICO Classic has been met by Fannie Mae and Freddie Mac.
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