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The platform, akin to ChatGPT, was developed in partnership with Microsoft, Google and OpenAI.
May 16
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The lender will take care of settlement agent duties for a flat $1,850 fee, expanding on its previous title alternative program.
May 16
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The lender will advertise Mortgage Matchup, which features brokers, with prominent television and on-court advertisements during games.
May 16
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The Supreme Court issued an opinion Thursday morning that was unequivocal in its view that Congress is constitutionally empowered to fund agencies with open-ended and indirect funding mechanisms, overruling a 5th Circuit opinion from 2022 that found that executive branches must be subject to direct Congressional appropriations.
May 16
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The move further diversifies a company working to grow beyond its roots in what is currently a small — but possibly expanding — single-family distressed market.
May 16
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Investors reacted negatively to New York Community Bancorp's divestiture of a $5 billion loan warehouse portfolio to JPMorgan Chase. The deal has triggered a debate about whether other banks might retreat from lending to nonbank home lenders.
May 15
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This is the fourth transaction EasyKnock has made of home equity alternative providers since the start of 2023.
May 15
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Compared to a year ago, investors bought a greater number of properties and made up a larger share of overall purchases, returning to the market faster than individual buyers, according to Redfin.
May 15
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A presidential advisor for housing could be the solution for the "alphabet soup" of federal agencies that don't understand the industry, Mortgage Bankers Association CEO Bob Broeksmit said.
May 15
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The engine, rebranded as ICE PPE, was considered not as robust as the Optimal Blue product it was forced to sell in the Black Knight deal.
May 15
