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Freddie Mac gives lenders access to more merged credit-report vendors

Freddie Mac gives lenders access to more merged credit-report vendors

Freddie Mac is increasing the number of companies offering merged reports from the credit bureaus through integrations with its Loan Product Advisor automated...
Stearns Lending cancels auction after noteholders OK bankruptcy plan

Stearns Lending cancels auction after noteholders OK bankruptcy plan

Stearns Lending canceled plans for an auction after almost two-thirds of its noteholders approved a bankruptcy reorganization proposal that would solidify Blackstone's ownership...
Cover-UX

All in on UX (unless the user is on staff)

When Quicken Loans brought the Rocket Mortgage experience to the attention of American consumers with a commercial during Super Bowl 50, it brought...
Santander

Santander to cut 80 U.S. mortgage jobs as it exits TPO loan channel

Santander Bank's U.S. unit will be eliminating 80 mortgage-related positions as it withdraws from the third-party origination sales channel and refocuses on producing...
Angel Oak

Angel Oak adds non-qualified mortgage prequalification tool

Angel Oak Mortgage Solutions is now offering mortgage brokers and correspondent loan sellers a prequalification tool to determine borrower eligibility for non-qualified mortgages.Its...
Incenter brokering $8 billion in GSE mortgage servicing rights

Incenter brokering $8 billion in GSE mortgage servicing rights

An $8 billion mortgage servicing rights package consisting of newly originated conforming loans is up for bid, according to broker Incenter Mortgage Advisors.Incenter...
Impac

Lower mortgage rates, higher gain-on-sale drives Impac’s profits

Lower interest rates and improved gain-on-sale margins helped Impac Mortgage Holdings record its first profitable three-month period since the first quarter of 2018.Impac...
Freedom

Freedom to acquire J.G. Wentworth unit, expand mid-Atlantic foothold

Freedom Mortgage's planned purchase of J.G. Wentworth Home Lending would add 570 employees and 35 offices across 46 licensed states and increase the...
HomePoint

Home Point tries to solve mortgage brokers’ retention problem

With retaining and maintaining customers being a perpetual challenge for independent mortgage brokers, Home Point Financial launched a technology platform to bolster recapture...
HMBS issuance

Ocwen affiliate launches new alternative to FHA loans for seniors

Liberty Home Equity, a subsidiary of Ocwen Financial, is offering a new private-market alternative to Federal Housing Administration-insured reverse mortgages.The new loan, EquityIQ,...

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Kirill Bensonoff

Startups, International Real Estate and Propy -The Exchange with Natalia Karayaneva

Natalia Karayaneva, Founder of PropyIn The Exchange with KB, host Kirill Bensonoff continues his series of interviews with today’s top innovators and business...
Citibank fined $30 million for holding onto foreclosures for too long – HousingWire

Citibank fined $30 million for holding onto foreclosures for too long – HousingWire

Citibank was fined $30 million by federal banking regulators after an investigation found that the bank was not selling foreclosed homes back into the market...
Keeping parents’ belongings in a storage unit

Keeping parents’ belongings in a storage unit

How old were you when you moved out of your parents’ house? That’s usually a simple question with a straightforward, numerical...
Four Bay Area cities rank in top 20 out of 100 for worst affordability

Four Bay Area cities rank in top 20 out of 100 for worst affordability

One million dollar tear-downs. Bidding wars. House hunts that last for years. Life in the Bay Area real estate market has long been...
Yellow farm house connected to red carriage house. A stone patio joins the two buildings.

Modern farmhouse in Vermont asks $3.65M

A little bit country, a little bit classic, this 2017-built farmhouse outside in West Windsor, Vermont, is a rural dream home...

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