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Nonbank lenders and brokers added 500 new workers to their payrolls in May.
July 8 -
Refinance requests have skyrocketed due to falling mortgage rates after voters in the United Kingdom voted to leave the European Union, according to Zillow.
July 8 -
Intensive year-long program features program managers as coaches, business segment rotations and even group hugs.
July 8 -
Mortgage professional hiring and new job appointments for the week ending July 8.
July 8 -
Fifth Third Bancorp has named Edward Robinson senior vice president and head of Fifth Third Mortgage.
July 8 -
Manhattan renters left their apartments in search of better deals last month, pushing back against landlord price increases and taking advantage of a flood of new choices on the market.
July 7 -
Calling the crazy-idea department a U.S. Bancorp-branded bus is more than halfway through a cross-country, social-media-tracked journey to promote community development and alter its profile. It's an example of the new style of reputation-oriented marketing being pursued by banks.
July 7 -
Home purchase sentiment has fallen as more people have turned negative on the economy's outlook, according to Fannie Mae.
July 7 -
Quontic Bank, a Community Development Financial Institution in New York, is offering a product reminiscent of crisis-era no-doc and low-doc loans. But does this "Lite Doc" loan carry the same risk?
July 7 -
Mortgage rates dropped this week to their lowest point this year as yields on the 10-year Treasury remain depressed in the wake of the Brexit vote.
July 7 -
Assurant Inc. in Atlanta has acquired American Title, a title and valuation services provider.
July 7 -
Female millennial mortgage borrowers are far more likely than their male counterparts to be single, according to Ellie Mae.
July 6 -
A noted upper midtown Manhattan retail center that sold last month for $525 million is among several high-end retail, shopping and hotel resort properties JPMorgan is including in its latest commercial mortgage securitization.
July 6 -
The amount of money that foreign homebuyers spent on U.S. real estate fell to a three-year low as the strengthening dollar and rising property prices cut into affordability.
July 6 -
Total multifamily and commercial mortgage originations are expected to decrease from last year's levels because of economic uncertainty, according to the Mortgage Bankers Association.
July 6 -
Mortgage applications increased 14.2% from one week earlier as rates dropped in reaction to the Brexit vote, according to the Mortgage Bankers Association.
July 6 -
Home prices registered an average year-over-year gain of 5.9% in May, according to CoreLogic's Home Price Index.
July 5 -
Fifth Third Mortgage has introduced a new down-payment assistance program in conjunction with Freddie Mac's Home Possible Advantage 3% down loan.
July 5 -
The Federal Housing Finance Agency has opened the door to experimenting with front-end credit risk transfer transactions, but it is not wide enough for some market players.
July 5 -
The Consumer Financial Protection Bureau recently dressed down the mortgage industry for failing to innovate. Here are 10 tech ideas from the National Mortgage News team that could improve efficiency, margins and the industry's image among growing demographics. Some might sound farfetched, but so do most great inventions at first. Dream big.
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