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A man who started a mortgage brokers group issued a statement indicating he regretted saying "lewd" personal things about a Quicken Loans executive’s spouse while sparring over a professional matter.July 13
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The number of loans going into coronavirus-related forbearance fell for the fourth consecutive week, as the growth rate plummeted 21 basis points between June 29 and July 5, according to the Mortgage Bankers Association.July 13
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After months of pandemic-related delays, the joint venture between Guaranteed Rate and @properties started originating mortgages.July 13
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The amount far surpassed that of any other servicer required to purchase Ginnie Mae-backed loans that were 90 days past due.July 13
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B. Riley FBR raised its ratings for both Fannie Mae and Freddie Mac to sell from neutral on the possibility the net worth sweep is declared illegal.July 13
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The existing framework should not be revised until a consensus has been achieved among stakeholders, including civil rights experts, according to Quicken.July 13
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Policymakers have eased some rules and the Supreme Court recently dealt a blow to the Consumer Financial Protection Bureau. But as the landmark legislation approaches its 10th anniversary, the post-crisis regulatory regime has stayed largely intact.July 13
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However, those who aren't current bank customers need to have $1 million in a qualifying account.July 10
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A more than $5 billion offering going up for bid is one of the first large transactions seen since the coronavirus complicated trading.July 10
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Remote online notarization gains momentum from every corner of the mortgage industry and those MISMO-certified providers are reaping the benefits.July 10
