Real estate
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CMG Financial founder to acquire Greenwoods State Bank
Christopher George, the founder of the California-based multichannel mortgage lender CMG Financialhas struck a deal to acquire Greenwoods Financial Groupthe…
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Zillow looks to a future with Jeremy Wacksman at the helm
ZillowThe second-quarter 2024 earnings call with investors Wednesday evening marked a pivotal moment for the company. It was the first…
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Refi’s activity reaches its highest level in two years
Refinancing applications rose as mortgage rates fell last week, but purchase loan activity posted only a small gain, according to…
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loanDepot sells MSRs and improves margins in the second quarter
California-based mortgage lender loanDepot has reduced its financial losses in the second quarter of 2024, while still feeling the effects…
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Implementation deadline for the assessment policy has been moved to October 31
A policy designed for lenders to review and respond to borrower-initiated reconsideration of value (ROV) applications for appraisals – originally…
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NRMLA, MBA submit HMBS 2.0 comments to Ginnie Mae
The National Association of Reverse Mortgage Lenders (NRMLA) and the Association of Mortgage Bankers (MBA) have submitted a joint letter…
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Climate change risk does not affect migration patterns: Redfin
The acceleration of climate change has led to more frequent and severe natural disasters, but that hasn’t stopped people from…
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Could mortgage interest rates be even lower?
Mortgage rates have fallen dramatically over the past week without any rate cuts from the Federal Reserve, mainly as the…
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Retiree Lost $740,000 in Life Savings in Elaborate Scam: NY Times
Older Americans are increasingly becoming involved in elaborate scams designed by perpetrators to deprive them of their retirement savings, with…
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HighTechLending will transform the wholesale channel into American Senior Lending
HighTechLendinga California-based top 10 reverse mortgage lender, announced Friday that it will transform its wholesale lending division into US Senior…
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