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Radian Group's Clayton Holdings hired Brian Wornow to be senior managing director of lending services as the mortgage-information unit seeks more business from Wall Street firms.
February 29 -
After imposing a virtual moratorium on adding new issuers, Ginnie Mae is again accepting applications from mortgage companies seeking to pool loans for securitization and servicing.
February 29
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Redwood Trust reported growth in profits in the fourth quarter, largely as a result of higher realized gains on the sales of residential securities.
February 26 -
Mortgage professional hiring and new job appointments for the week ending Feb. 26.
February 26
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Understanding how consumers pay their debts over time is expected to widen access to credit for consumers recovering from financial problems or who were hard to score before. Just how many it will benefit is an open debate.
February 25
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The U.S. Justice Department will decide in the next few months whether it will sue Moody's Corp. for allegedly inflating ratings on mortgage bonds at the heart of the 2008 financial meltdown.
February 25 -
Meaningful rules encouraging Fannie and Freddie to do more with manufactured housing would allow more lenders into the market and make pricing more competitive.
February 23
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Mitsubishi UFJ Financial Group is building a U.S. mortgage-bond trading team as tough lending conditions in Japan spur the nation's biggest bank to expand overseas.
February 23 -
Bank of America on Monday will launch a 3% down payment home loan in partnership with Freddie Mac, but the bank will not retain any risk if the loans default. Thats because it will immediately will sell the loans and servicing rights to Self-Help Federal Credit Union, a Durham, N.C., community development lender that's on a mission to put more low- and moderate-income families into homes of their own.
February 22
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NMI Holdings should become profitable for the first time in the second half of 2016 as its insurance-in-force is expected to go over $21 billion.
February 19
