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Posts Tagged ‘ lenders ’

Mortgage News Daily: “Lenders quoting 30yr fixed rates of 3.65%”

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Mortgage News Daily: “Lenders quoting 30yr fixed rates of 3.65%”

Mortgage rates increased today, but are still very low. From Matthew Graham at Mortgage News Daily: Mortgage Rates Jump Higher From Long-Term Lows The average lender is now back to quoting conventional 30yr fixed rates of 3.625%, up from 3.5% yesterday. A few of the less-aggressive lenders are back to 3.75% already. But again,...
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Mortgage News Daily: Mortgage Rates Near 2015 Highs, Several major Lenders at 4%

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Mortgage News Daily: Mortgage Rates Near 2015 Highs, Several major Lenders at 4%

Wednesday:• At 7:00 AM ET, the Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 8:15 AM, the ADP Employment Report for April. This report is for private payrolls only (no government). The consensus is for 205,000 payroll jobs added in April, up from 189,000 in March....
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WSJ: “Mortgage Lenders Set to Relax Standards”

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WSJ: “Mortgage Lenders Set to Relax Standards”

These are the changes (mostly to reps and warrants) that FHFA Director Melvin Watt discussed in October: Prepared Remarks of Melvin L. Watt, Director, FHFA, At the Mortgage Bankers Association Annual Convention From Joe Light at the WSJ: Mortgage Lenders Set to Relax Standards Some of the largest U.S. mortgage lenders are preparing to...
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Chicago property preservation ordinance bad news for mortgage lenders: Moody’s

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Chicago property preservation ordinance bad news for mortgage lenders: Moody’s

The Chicago ordinance passed last week on vacant house upkeep could restrict lending in the city and other areas impacted by similar laws if lenders, mortgage assignees and securitizers conclude they end up assuming too much risk, according to Moody's Investors Service. The ordinance passed by Chicago's City Council would force lenders to pay...
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FHA Mortgagee Board Report Shows Approvals Withdrawn for 900+ Lenders

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FHA Mortgagee Board Report Shows Approvals Withdrawn for 900+ Lenders

The Federal Housing Administration's Mortgagee Review Board (MRB) published a notice today to announce dozens of administrative actions against FHA-approved lenders who failed to meet its requirements. The total amount of originators that used to write FHA-backed mortgages, the report shows, but are restricted from doing so today, has surpassed the 900 mark. The...
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Where can I find private lenders for real estate investments?

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RehabList (www.rehablist.com ) Director of Marketing, Bruce Prokopets, discusses real estate investment marketing strategies all investors should implement online and offline. Video Rating: 5 / 5 Question by Jason B: Where can I find private lenders for real estate investments? Where can I find private lenders for real estate deals? I want to invest...
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