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Traditionally, underwriting focused on applying a static set of guidelines to determine an approve/reject decision.
June 19
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The concept of the certified loan is a “game changer” that can help protect lenders from fraudulent applicants.
June 19 -
Moody’s noted that improvements in the apartment market have dissipated in recent months after the index soared to roughly 140.
June 19 -
The office vacancy rate in major Canadian cities fell to 5% in the second quarter from 5.4% in the first quarter, the second time the reading has been this low since 1985.
June 19 -
Distressed property rental programs and new private-label mortgage originations pose new opportunities for investors.
June 19 -
Mortgage bankers and brokers (banks and nonbanks alike) could call a national strike on making any new loans for, say, 60 days and see what type of damage that does to the U.S. economy.
June 19
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BB&T chief executive Kelly King urged his fellow bankers to vote against politicians who favor more regulation of the private sector and replace them with leaders who have more faith in the free markets.
June 19 -
The Consumer Financial Protection Bureau has fielded more than 19,000 consumer complaints about mortgage lenders and servicers with roughly 600 participants receiving some type of monetary relief.
June 19 -
Its somewhat arrogant for a writer to state a numerical list is all that is required to accomplish whatever. If selling is not exhaustively mentioned I would suggest you discount the information because of its lack of thoroughness.
June 19
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Fannie Mae's economists now believe that for all of 2012, originations will come in at $1.34 trillion, compared to a month ago forecast of $1.31 trillion.
June 19







