Bankrate survey: Mortgage rates fall two consecutive weeks – NMP Skip to main content

Bankrate survey: Mortgage rates fall two consecutive weeks

Jul 10, 2008

FDIC issues letter regarding policies and procedures for other real estateMortgagePress.comFDIC, Guidance on Other Real Estate, property, ORE, other real estate On July 1, the Federal Deposit Insurance Corporation (FDIC) issued a letter emphasizing the importance of sound policies and procedures in connection with other real estate (ORE). The letter, titled "Guidance on Other Real Estate," addresses, among other items, the need to comply with requirements for obtaining initial and updated valuations for ORE, the importance of maintaining ORE to prevent asset deterioration, and the importance of reporting and accounting standards for ORE during acquisition, as well as during holding and disposition periods. For a copy of the letter, click here.
About the author
Published
Jul 10, 2008
Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Oct 16, 2026
Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Oct 14, 2026
PLACE Acquires Ardley, Expanding Push To Turn Existing Borrowers Into New Loans

The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders

Oct 09, 2026
Equifax, TransUnion Launch New Tools To Cut Credit Report Costs

Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028

Oct 09, 2026
Newrez, eXp Realty Form Joint Venture To Target Purchase Business

Revenos Mortgage is set to launch in early 2027, replacing eXp's joint venture with Kind Lending

Oct 08, 2026