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Economic strength bolstered the performance of loans included in commercial mortgage-backed securities with delinquencies improving for the seventh consecutive quarter, according to the Mortgage Bankers Association.
June 10
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The pool of 497 loans includes first-lien fixed- and adjustable-rate mortgages for single-family homes and multifamily properties, primarily underwritten to self-employed borrowers.
June 10
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The $10 million home that just went on the market in Bennett Valley was built with tech money and there's a good chance tech money will buy it.
June 10
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Colorado Springs-area home prices soared to a second consecutive record high last month, as a steady demand on the part of buyers and a dearth of properties for sale helped to send housing costs higher.
June 10
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Freedom Northwest in Idaho hopes a proposal from the NCUA will help it bring in more deposits to fund a fast-growing mortgage business. Banks are crying foul.
June 7
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It’s the one consumer loan category where balances continue to fall, and disruption from nimbler fintechs is a big reason why. To win back market share, banks will need to beat the upstarts at their own game.
June 7
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The use of financing to buy fix and flip properties increased 35% annually by dollar volume to its highest level in nearly 12 years, according to Attom Data Solutions.
June 7
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After a sustained downward trajectory, nondepository mortgage companies added 1,200 workers in April, a modest boost for lenders during prime season for the housing market.
June 7
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Freddie Mac plans to introduce a mortgage this month that will simultaneously finance the purchase price of the home and improvements that will be completed after closing with a single loan.
June 7
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Median sale prices for Oahu homes dipped last month in what continued a trend this year of light, mostly downward movement for the broad measure of Honolulu housing costs.
June 7
