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Explain to your customer that the credit score they obtain from one of those services could be vastly different than the one used for underwriting.
October 3
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Remember the good old days, before the Industrial Revolution when governments threw people in debtors prison because they were broke?
October 3
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In September, commercial real estate loans in CMBS that were delinquent by at least 30 days or in foreclosure fell 14 basis points from the previous month to 9.99%.
October 3 -
Is Wilbur Ross' exit from mortgage banking a sign that residential lending profits have peaked?
October 3
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Ocwen Financial Corp. disclosed that it has agreed to buy Homeward Residential Holdings and all its mortgage affiliates.
October 3 -
Nationstar Mortgage went from private equity flop to a top servicer of troubled loans, thanks to deft management and a Fannie Mae partnership once hidden even from parts of the government.
October 3 -
Record low interest rates have led to a spike in refinance volume, driving total mortgage application volume up by 16.6% on a seasonally adjusted basis for the week ended Sept. 28.
October 3 -
GOP presidential candidate Mitt Romney is open to trimming the mortgage interest deduction.
October 3 -
National Mortgage Insurance Corp., a new MI company, denies that it misappropriated trades secrets from the now defunct PMI Mortgage Insurance.
October 3 -
Roughly 10 million additional Americans might get the opportunity to refinance at today’s low mortgage rates, under two bills being promoted by HUD secretary Shaun Donovan.
October 2





