Mortgage
10 Cities Where Black Americans Fare Best Economically
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Black Americans have higher incomes and higher rates of homeownership here.
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Mortgage and refinance rates today, Feb. 27, and rate forecast for next week
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Today’s mortgage and refinance rates  Average mortgage rates fell a little or held steady yesterday (Friday). Unfortunately, it was the only glimmer of light in a gloomy week that saw […]…Continue readingMortgage and refinance rates today, Feb. 27, and rate forecast for next week
SitusAMC buys warehouse mortgage lender, continuing acquisition streak
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SitusAMC has completed its acquisition of Street Resource Group (SRG),
Title Insurance Fintech Flueid Bags Capital for Growth
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Flueid, a mortgage technology company with a platform touted for its title insurance features, has more money in the bank to help with its expansion efforts.
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People on the move: Feb. 26
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Homepoint Financial creates chief diversity and inclusion officer position, PennyMac appoints CEO to two chairman roles and more of the latest hiring and promotion announcements in the mortgage industry.…Continue readingPeople on the move: Feb. 26
Freddie Mac’s 12-Month Portfolio Growth Nears Half Trillion
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Posted To: MND NewsWire

Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 16.1 percent in January compared to a 22.4 percent gain in December. The portfolio balance at the end of the period was $2.777 trillion compared to $2.740 trillion the prior month and $2.339 trillion a year earlier. Purchases and Issuances totaled $120.128 billion and Sales were ($.588) billion. The December numbers were $129.639 billion and ($1.330) billion, respectively. Single-family refinance loan purchase and guarantee volume was $84.5 billion in January compared to $77.6 billion in December, representing a 73 percent share of total single-family mortgage portfolio purchases and issuances, up from 70 percent the previous month. Purchases in Freddie Mac's Mortgage Related Investments Portfolio...(read more)

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Deephaven names new president and CEO
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Mortgage lending expert John Keratsis, whose experience spans nearly two
Bodnar of MMG: Long End of Bond Market Having a Tough Time
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Bill Bodnar of The Mortgage Market Guide (MMG) explains that long-term interest rates moved up to their highest levels in a year despite significant bond buying
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My Husband Wants To Borrow Money Against Our House To Buy Guns (Hour 3)
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Debt, Savings, Retirement, Career, Taxes

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Continue readingMy Husband Wants To Borrow Money Against Our House To Buy Guns (Hour 3)
Redfin CEO likens housing inventory crunch to ‘Soviet-era supermarket’
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The number of home listings collapsed to the lowest level on record, leaving “nearly all of the shelves empty,” Glenn Kelman said in the company’s latest home sales report.…Continue readingRedfin CEO likens housing inventory crunch to ‘Soviet-era supermarket’
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