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The company, OriginPoint, brings together two enterprises active in the jumbo-homes space.

For the first time, the FDIC, Federal Reserve and OCC have combined efforts to advise banks on risk management procedures when working with nonbank partners.

Most troubled homeowners can avoid a long foreclosure process by selling and exiting with clean credit or even a profit, but a little under 2% may not have enough value in their property.

The bank's second quarter production revenue was down 32% from the first quarter, even as volume increased 4%.

Single-family rental houses and townhomes underpin the securitization, with a feature to transfer or obtain a release of any property that meets conditions.

Competition amongst those shopping for homes fell for the second straight month as surging prices pushed consumers to the sidelines and inventory saw modest gains, according to Redfin.

Also, digital platforms LenderClose, Reggora, UpEquity continue 2021 growth, Evolve gains a VP in E-Notary Seal acquisition and former NewRez CEO becomes board chairman at Keystone Funding.

The Mortgage Bankers Association is advocating for more funding for the agency due to its elevated securitization activity, and counterparty risk linked to a lingering concentration of loans in forbearance.

Boosts in purchases and cash-out refinances drove the summer turnaround, according to Black Knight.

The New York-based lender projects it has a $3.6 trillion market opportunity outside of the U.S.

Local mortgage and real estate professionals give insight on the metro areas projected to experience the highest appreciation over the next year, according to Zillow.

Also: Private equity firms to buy Lereta, mortgage rates continue to fall & mortgage applications decline for a second week

The sharp decline suggests borrowers are recovering enough from pandemic-related hardships to leave forbearance plans even before a key expiration date arrives this fall.

The defendant faces seven criminal counts — ranging from stolen property to falsifying business records — for two Harlem brownstones he paid just $20 for in 2012, according to tax filings.

Still, the average time a property is on the market is at an all-time low, with more than half going into contract within two weeks.

The White House is calling on the Department of Justice and federal regulators to give bank deals more scrutiny as part of a broader executive order meant to encourage competition across the U.S. economy.

The Federal Housing Finance Agency recently became the third agency along with the Office of the Comptroller of the Currency and Consumer Financial Protection Bureau without a Senate-confirmed leader. But analysts say the appointment of interim chiefs gives the administration even more control over regulatory initiatives.

Identifying where payment stress is concentrated could help mortgage servicers and federal policymakers prepare for the broader range of loan workouts that will resume this summer.

Renters will need to reserve an additional $369 per month to keep up with rising listing prices over the next year, according to Zillow.

With talk of an overheating economy abating, economists see few signals that would indicate near-term rate spikes.