New York Mortgage Trust Inc., a New York City-based real estate investment trust, has announced that it will not pay a common-stock dividend for the third quarter.The REIT said the decision by its board of directors "reflects the difficult market conditions during the third quarter and the company's ongoing focus to conserve capital to build future earnings." The company can be found on the Web at http://www.nymtrust.com.
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In an interview, Candor Technology's Sara Knochel recounts how she applies her childhood interest in languages and numbers to crucial home lending issues.
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The report seeks to help banks "disrupt rapidly evolving AI-driven fraud," according to Treasury's Nellie Liang. The report found banks have difficulties accounting for AI risks.
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The lender accused its former leader of compromising its Fannie Mae seller/servicer number to prevent it from delivering loans.
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Equity is entitled to a little over $70,000 worth of damages.
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Audited financials, proof of fidelity bonds and errors and omissions insurance must be provided on Ginnie Mae Central after May 13.
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Deferrals are up but still haven't outpaced loan modifications in conservatorship-era foreclosure prevention, according to the Federal Housing Finance Agency.
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