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Citigroup announces unified 'Citi' brand

National Mortgage Professional
Mar 08, 2007

Carteret Mortgage to mandate signed option ARM disclosuresMortgagePress.comOption ARMs Carteret Mortgage Corporation has announced that it will soon be mandating that all option adjustable-rate mortgage (ARM) applicants receive and sign a company-designed disclosure statement that will clearly explain negative amortization and its potential to increase the principal balance of the mortgage. Carteret Mortgage Corporation is a privately held mortgage brokerage based in Centreville, Va. For more information, call (877) 227-8373 or visit www.carteretmortgage.com.
Ocwen Financial To Acquire Reverse Mortgage Servicing Platform

Ocwen Financial Corporation's wholly-owned subsidiary, PHH Mortgage Corporation will acquire RMS' reverse mortgage servicing platform.

Industry News
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UniteCT Emergency Rental Assistance Succeeds

Thanks to the successful launch of the UniteCT program, emergency rental assistance funds are helping Connecticut residents maintain housing.

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Angel Oak Mortgage Announces Initial Public Offering

Angel Oak Mortgage announced its initial public offering of 7,200,000 shares of its common stock at $19 per share.

Industry News
Jun 17, 2021
Mortgage Apps Rebound After Three Consecutive Weeks Of Declines

The Mortgage Bankers Association reported the first increase in mortgage applications after a three consecutive weeks on declines.

Industry News
Jun 17, 2021
CFPB New Rule Prevents Predatory Lending To Military Service Members

The CFPB stipulates its authority to examine supervised financial institutions for risk to active duty servicemembers and their dependents.

Industry News
Jun 16, 2021
Inventory Begins A Slow Recovery

Inventory grew 3.9% from April to May, according to Zillow's latest Market Report, after a year of steady decline.

Industry News
Jun 16, 2021