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The mortgage insurer is in settlement talks to resolve the dispute over Countrywide originations which have gone into default.
November 1 -
Jumbo MBS started strong out of the gate this year, but the going has gotten tougher since then.
November 1 -
One good sign is commitments to purchase new loans edged up slightly in September.
November 1 -
The FHFA is squeezing banks to repay losses that taxpayers were forced to cover because financial institutions sold faulty mortgage bonds to Fannie Mae and Freddie Mac.
November 1 -
Call it the second wave of the mortgage-refinancing collapse. Prepayment penalty income is about to crash. Hard. Especially in New York.
November 1 -
The suit against Borders & Borders backs the author's opinion regarding these business arrangements.
October 31
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NAMB asks HUD to remove broker compensation from 3% points and fees limit.
October 31 -
The origination technology provider is buying a customer-relationship management platform.
October 31 -
Chase is transferring three bank-owned properties a day to housing and community revitalization groups.
October 31 -
The month typically sees fewer loans originated as the home buying season ends.
October 31





