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Posts Tagged ‘ nearly ’

Yellen: “Strongest job market in nearly a decade”

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Yellen: “Strongest job market in nearly a decade”

From Fed Chair Janet Yellen: Commencement Remarks The short version of what I have to say is that while I expect workers will continue to face some challenges in the coming years, I believe, for two reasons, that the job prospects and career opportunities for new graduates at this time are very good. First,...
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Mortgage Monitor: “Nearly 2 million modified mortgages face interest rate resets”

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Mortgage Monitor: “Nearly 2 million modified mortgages face interest rate resets”

Black Knight Financial Services (BKFS, formerly the LPS Data & Analytics division) released their Mortgage Monitor report for April today. According to BKFS, 5.62% of mortgages were delinquent in April, up from 5.52% in March. BKFS reports that 2.02% of mortgages were in the foreclosure process, down from 3.17% in April 2013. This gives a...
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Colorado AG fines two brokers nearly $1 million each for deceptive lending

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Colorado AG fines two brokers nearly $1 million each for deceptive lending

A Denver District Court ordered two Colorado mortgage brokers to pay civil penalties of nearly million each for deceptive advertising and fraudulent loan origination practices. The court found Leo Shifrin conducted unlawful and misleading business practices between January 2004 and June 2007, rolling potential homeowners into option adjustable-rate mortgages. "Through the advertisements used to...
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