Mortage News
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LERETA Names Patrick Hedges Senior Operations Manager LERETA has named Patrick Hedges Senior Operations Manager, where he will lead a team that builds and maintains strong relationships with tax collection agencies to drive an understanding of their requirements and develops automated... Read more |
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New American Funding Expands in Northern California New American Funding has expanded its Northern California territory to include a branch in Santa Rosa, Calif. to be led by Branch Manager Scott Sheldon. Located in the heart of Sonoma County, New American’s new branch is a full-service... Read more |
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Guaranteed Rate Wins Chicago Top Workplace Award Guaranteed Rate has been recognized for the seventh consecutive year by The Chicago Tribune as one of Chicago’s Top Workplaces. Headquartered on Chicago’s North Side, the company has been on an upward trajectory since its founding,... Read more |
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Tim Fitzgerald Joins Home Point as Managing Director/Regional Manager Home Point Financial Corporation has announced that Tim Fitzgerald has joined the company as Managing Director–Regional Manager, where he will direct Home Point’s Third-Party Originations (TPO) Regional Sales Team, responsible for 14... Read more |
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Affordable Housing Bond Measures Pass in Three States While most of the national attention in last night’s election coverage focused on prominent personalities in key states, a number of local referendums addressed issues related to housing affordability.
Portland voters approved a $652.8... Read more |
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Mortgage Applications at Four-Year Low Last week was not a very good time for mortgage applications, according to new data from the Mortgage Bankers Association (MBA).
For the week ending Nov. 2, the Market Composite Index fell by four percent on a seasonally adjusted basis... Read more |
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Waters Poised to Chair House Financial Services Committee Last night’s victory by the Democrats in regaining the House of Representatives could lead to Rep. Maxine Waters (D-CA) gaining the chairmanship of the House Financial Services Committee.
Waters, who is the Committee’s Ranking Member,... Read more |
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Cordray Flops in Ohio Governor Race Richard Cordray, the former Director of the Consumer Financial Protection Bureau (CFPB), failed in his attempt to return to elected office, losing the race for Governor of Ohio to Republican Mike DeWine.
The Cordray-DeWine match-up was... Read more |
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FHFA Keeps Multifamily Lending Caps in Place The Federal Housing Finance Agency (FHFA) announced the current $35 billion multifamily lending caps used respectively by Fannie Mae and Freddie Mac will be retained into 2019.
According to the FHFA, the caps are based on its projections... Read more |
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LoanStream Mortgage Debuts Correspondent Channel LoanStream Mortgage (LSM) has announced that it has launched a Correspondent Lending Channel to further enable the growth and expansion of its Non-Prime Division.
The Irvine, Calif.-based company said the new Channel will complement the... Read more |