Total Mortgage Protection, West Palm Beach, Fla., has announced the formation of an exclusive referral marketing program directed at mortgage brokers and title companies.Called the Amplified Earnings System, the program offers a revenue split with mortgage brokers and title companies for referring Total Mortgage and its mortgage insurance products to new homeowners or clients after they have closed or refinanced an existing home. "This new program can increase the revenue per closing up to 25% for mortgage professionals," said Wayne Jenkins, president of Total Mortgage. The company can be found on the Web at http://www.totalmortgageprotection.com.
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Foreclosure prevention actions supported homeowners, with loan modifications being the majority.
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AnnieMac CEO Joe Panebianco has navigated a broad range of risks, from cash buyer competition to shifts in the market's loan product mix, with a unique leadership style.
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A consumer was moving to certify a class of thousands of borrowers who paid the telephone mortgage payment fees to a subsidiary the servicer acquired.
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JPMorganChase and Bank of America raised concerns about the proposed removal of risk-weighted assets from the denominator of the short-term wholesale funding component of the GSIB surcharge — changes backed by Goldman Sachs and Morgan Stanley.
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House Speaker Mike Johnson, R-La., reportedly plans to send the recently passed housing bill to the White House on Monday, starting a 10-day clock for the president to sign the bill.
June 26 -
The national delinquency rate rose 15 basis points to 3.5% last month due to a calendar anomaly, marking a 4.5% month-over-month incline and 9.4% annual change.
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