Mortgage
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Shopper house shopping for curiosity highest since Might
While more consumers are making moves toward purchasing a home, with one measure of that at the highest level since…
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May the Fed have stopped Silicon Valley Financial institution from promoting hedges?
Critics say the Fed, Silicon Valley Bank’s primary federal regulator, should have intervened to prevent the bank from selling its…
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NY ruling might assist servicers, debtors battle tax lien seizures
A recent ruling by New York’s top court potentially opens the door to more relief for servicers and homeowners in…
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Fed-favored inflation gauge rises by lower than forecast
A key gauge of U.S. inflation rose last month by less than expected and consumer spending stabilized, suggesting the Federal…
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Huge Purple Dot integrates ChatGPT into CRM
After gaining worldwide buzz in late 2022, ChatGPT, created by Microsoft-backed firm OpenAI, is finding its way into the mortgage…
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Constancy Nationwide fined $three.5M for no-poach offers
The New York Attorney General’s office has entered into a settlement with a third national title insurance underwriter regarding “no-poach”…
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Variety Lending seems to rehire laid off workers
Kind Lending, a multichannel lender based in Santa Ana, California, announced in mid-March that former employees impacted by personnel reductions…
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CFPB’s Chopra: regulators have to assess dangers in sooner communications
CFPB Director Rohit Chopra spoke about the potential risks posed by rapid communications and their ability to fuel bank runs…
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Fannie Mae transfers one other $926 million in mortgage credit score threat
A government-related agency that backs a significant portion of the U.S. mortgage market has shared nearly $1 billion in credit…
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Schwab’s $7T empire constructed on low charges is displaying cracks
On the surface, Charles Schwab being swept up in the worst U.S. banking crisis since 2008 makes little sense. The…
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