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Approximately 75% of the quarter-to-quarter growth came from multifamily mortgage originations.September 29
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The net share of mortgages in Ginnie Mae securitizations with suspended payments appears to be stabilizing, but the number of new requests creates doubt about whether it will subside.September 29
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Consumer home purchasing power gained steam in July thanks to plummeting interest rates and gains in the median income despite steady price growth, according to First American.September 28
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Frank Pallotta sold Wall Street services to lenders and later helped create programs to help underwater borrowers. Now he's running to represent a district both parties fight hard over.September 28
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Sales of U.K. homes costing over 1 million pounds ($1.3 million) doubled last month, outperforming the rest of the market as wealthier buyers sought more space following the COVID-19 lockdown.September 28
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Wall Street won big buying up homes during the foreclosure crisis and renting them out. Now, it's headed back to the suburbs in hopes of scoring again.September 25
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The Financial Stability Oversight Council said the mortgage giants may need a bigger capital cushion than their regulator has proposed, but stopped short of designating them as “systemically important financial institutions.”September 25
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After an annual gain in July, newly constructed home listings tumbled in August as coronavirus complications caused the largest inventory drops on record, according to Redfin.September 25
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More counties have median home prices above their historic averages for typical wage earners, the company found.September 24
