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Apps rise

Mortgage applications increase in spite of interest rate volatility

Mortgage applications increased 0.5% from one week earlier, although interest rate instability affected consumers' ability to get the best price for their loan,...
NCB

NCB plans to buy delinquent FHA mortgages and get them back on track

National Cooperative Bank is starting a conduit to purchase Federal Housing Administration-insured mortgages that are at least 60 days' delinquent with the aim...
Las Vegas Custom Loans

FHA Loan and Its Requirements – Las Vegas Custom Loans

FHA is a mortgage loan, which is used to qualify a low down payment or perfect credit score. There are some consequences to...
A woman crosses the street outside New York-Presbyterian / Weill Cornell Medical Center in New York City on Thursday, June 11, 2009.

FHA debt paydowns spur Moody’s boost for New York Presbyterian

A significant reduction of Federal Housing Administration insured debt landed New York-Presbyterian Hospital a bond upgrade ahead of a planned $500 million taxable...
Applications jump

Sharp decline in Treasury rates boosts mortgage application volume

Mortgage applications jumped 5.2% from one week earlier as a drop in rates caused another surge in refinances, according to the Mortgage Bankers...
Brian Montgomery

Trump to nominate FHA’s Brian Montgomery as No. 2 at HUD

WASHINGTON — President Trump will nominate Federal Housing Administration Commissioner Brian Montgomery to serve as the deputy secretary of the Department of Housing...
MCAI

Jumbo mortgage credit availability at record levels: MBA

September's increase in mortgage credit availability was driven by the expansion of jumbo and other nonconforming products to record levels, which overcame a...
Ellie

Millennial homeowners ramp up the refis

Millennials took advantage of mortgage rates falling to near three-year-lows in August, increasing their refinance share to the highest percentage since December 2015,...
Christopher Whalen

Trump’s housing plan attacks the FHA mortgage market

Most of the attention of financial markets and policy makers has been focused on the Trump administration's plans for Fannie Mae and Freddie...
Apps jump

Mortgage rates fall back below 4%, driving increase in applications

Mortgage applications increased 8.1% from one week earlier as conventional mortgage rates fell under 4% again, according to the Mortgage Bankers Association.The rate...

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Gateway First Bank brings on Peter Moenickheim as chief risk officer – HousingWire

Since merging with Farmers Exchange Bank to become Gateway First Bank (formerly Gateway Mortgage Group), the bank has made a series of high-level...
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Federal Reserve report cites “rebounded” housing market – HousingWire

The housing market was the bright spot in the Federal Reserve’s monthly economic snapshot released on Tuesday.While consumer spending “softened,” business equipment spending...

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