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A rise in reverse occupancy fraud is contributing to the uptick, a CoreLogic report found.
February 16
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Credit availability also tightened in January, contributing to early 2022’s lending slowdown, according to the Mortgage Bankers Association.
February 16
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Current president Joe Nackashi will become CEO in place of Anthony Jabbour who will be taking the role of executive chairman.
February 15
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Guidelines first eased during the coronavirus pandemic have been signed into law.
February 14
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These cities offer lucrative tech job markets, affordable listings and rising real estate equity.
February 13
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Danny Yen, owner of Real Estate Educational Services, received a permanent ban on conducting future related training and agreed to testify in any legal proceedings against originators he assisted.
February 11
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The nation's second largest title insurer reported lower fourth quarter earnings, but the shift to purchase transactions pushed revenue higher.
February 10
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Inflation data showing a 7.5% increase in consumer prices will likely lead to Federal Reserve moves that apply continued upward pressure.
February 10
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The changes follow the company’s acquisition by Pretium in November of last year.
February 9
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Steadily climbing rates have contributed to a 40% decline in loan activity from one year ago.
February 9
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Using digital methods also saves time for the actual closing, which also contributes to the lower costs, the Notarize study found.
February 8
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The company said it would increase efforts in non-QM lending and dropped hints about further acquisitions.
February 8
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United Wholesale Mortgage’s litigation could prompt regulators, including the Federal Trade Commission, to examine the contract that bars third-party originators from doing business with Rocket and Fairway.
February 7
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Compounding factors of low inventory and high costs also helped lead to another decline in Fannie Mae’s Home Purchase Sentiment Index.
February 7
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Pretax income in the servicing segment outpaced its loan production unit in the fourth quarter, as the company launches new branding initiatives.
February 4
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Employment numbers suggest that interest in home purchases is bearing up well despite some limits on consumer spending and normalization in the mortgage market after two banner years.
February 4
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Zip codes with the biggest share of children under 18 saw faster increases in house prices about two-thirds of the time, a Zillow study found.
February 4
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But the company was able to increase the share of its top line that came from recurring income streams while minimizing the impact of more volatile transactional-based ones.
February 3
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But the current lack of movement is likely only a temporary reprieve, according to Freddie Mac.
February 3
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If approved, the new loan would unlock $120 million in badly needed funds for the sprawling Bronx multifamily complex.
February 3
