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Lower rates during the period helped independent mortgage bankers make money on their originations but they posted losses on servicing.
November 14 -
Freedom Mortgage CEO Stan Middleman weighs in on the Fed, servicing policy, and broker-to-banker moves as he comments on challenging career experiences in his new biography.
November 14 -
New Mexico is the state least wanting to refinance, with 369.38 keyword searches per 100,000 people.
November 14 -
A Pennsylvania federal judge ruled that HUD's handbook allowed, but did not require servicers to offer partial claim workarounds in tandem with funds from HAF.
November 14 -
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The study found nonbank lenders charging the highest interest rates and most points, and fintech pricing more in-line with depositories.
November 13 -
The real estate investment trust reported a GAAP loss and thin earnings available for distribution as a result of market shifts that also affected some peers.
November 13 -
The Trump victory is considered a positive for changing the status of Fannie Mae and Freddie Mac, but what would that do to interest rates?
November 13 -
Applications broke a seven-week losing streak, but uneven rates muted any significant gains.
November 13 -
A steep mortgage servicing rights valuation change hurt earnings which included greater adjusted net income and total origination volume.
November 12 -
The average home buyer spends almost $32,000 in home-buying expenses, a report by Clever Real Estate claims.
November 12 -
Foreclosures were up month to month in October, while future indicators, such as mortgage delinquencies and trouble making all debt payments, came in higher as well.
November 12 -
While the latest data indicates ongoing demand, changes in the share of locks by category show consumers trying to adapt to market conditions, according to a report from Optimal Blue.
November 12 -
The annual J.D. Power survey found last fall's rise in rates put the mortgage industry in a transition period that affected satisfaction, but that has rebounded as of late.
November 12 -
The two companies will retain ties as Daniel Wallace moves to an operational leadership position at a time when non-agency mortgage opportunities are opening up.
November 12 -
The company also saw a slight impact from changes to real estate commissions.
November 11 -
U.S. military veterans and active duty personnel have four mortgage industry participants looking to enhance their ability to take advantage of their benefits.
November 11 -
Private mortgage insurers are having a strong year so far, although most had flat business in the third quarter, industry results show.
November 11 -
The majority of bigger, rated nondepositories will start the year with leaner operations. Opportunities are narrower for smaller players and vary by channel.
November 8 -
Residential construction companies facing their own construction cost burdens are continuing sales incentives that have cut into some of the largest players' profit margins.
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