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Pending Home Sales Climb for Third Month in a Row

Pending Home Sales Climb for Third Month in a Row

Friday, 31 March 2023
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By one measurement, the volatile housing market has shown signs of possible stabilization. So reports The Real Deal. Read more...
Mortgage Rates Drop for Third Straight Week

Mortgage Rates Drop for Third Straight Week

Friday, 31 March 2023
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U.S. long-term mortgage rates have seen a third consecutive weekly decline as markets adjusted to the impact of bank turmoil on the Federal Reserve’s inflation-fighting efforts. So reports CNN. Read more...
FHFA Widens Use of COVID-19 Payment Deferrals

FHFA Widens Use of COVID-19 Payment Deferrals

Friday, 31 March 2023
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The Federal Housing Finance Agency has declared that Fannie Mae and Freddie Mac will make its expanded COVID-19 payment deferrals available to all borrowers facing financial hardship. So reports DSNews. Read more...
Fidelity National Financial Fined $3.5M For No-Poach Deals

Fidelity National Financial Fined $3.5M For No-Poach Deals

Friday, 31 March 2023
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Fidelity National Financial has agreed to pay a $3.5 million fine to settle antitrust allegations over its “no poach” agreements, the New York state attorney general’s office has announced. So reports The Mortgage Note. Read more...
Bodnar of MMG: What Will It Take to Get Inflation Down to 2%?

Bodnar of MMG: What Will It Take to Get Inflation Down to 2%?

Friday, 31 March 2023
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Bill Bodnar of the Mortgage Market Guide shares his thoughts on the Fed and inflation. "The Core PCE Index came in light. What will it take for it to get to 2%?"   Read more...
Prepayments Rebound from All-Time Low: Black Knight

Prepayments Rebound from All-Time Low: Black Knight

Friday, 24 March 2023
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Prepayment activity (SMM) inched up to 0.35%, breaking a four-month streak of record lows, with relief likely to extend as the spring homebuying season takes hold, according to Black Knight. Read more...
Mortgage Banks’ Belt-Tightening Couldn’t Beat Volume Decline

Mortgage Banks’ Belt-Tightening Couldn’t Beat Volume Decline

Friday, 24 March 2023
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Most mortgage lenders bled cash in the fourth quarter, notwithstanding thoroughgoing attempts to cut costs. So reports The Real Deal. Read more...
CFPB Notches Appeals Win Ahead of Supreme Court Trip

CFPB Notches Appeals Win Ahead of Supreme Court Trip

Friday, 24 March 2023
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The Consumer Financial Protection Board has racked up a legal triumph as the Supreme Court prepares to weigh in on its potential fate. So reports PYMNTS. Read more...
VA Revamps Home Loan Program for Hard-to-Finance Group

VA Revamps Home Loan Program for Hard-to-Finance Group

Friday, 24 March 2023
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The Department of Veteran Affairs has slashed interest rates for Native American veterans (or veterans who are spouses of Native Americans) who buy homes on tribal lands. So reports Military.com. Read more...
Mortgage Rates Dip for Second Straight Week, to Below 6.5%

Mortgage Rates Dip for Second Straight Week, to Below 6.5%

Friday, 24 March 2023
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U.S. long-term mortgage rates have posted a second consecutive weekly decline, adding to a flurry of optimistic data for homebuyers. So reports the Associated Press. Read more...

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