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Ginnie Mae threatens to boot lenders from bond program over VA loan churning – As Ginnie Mae, the “vast majority” of the loans originated under VA. generate profits for lenders at the expense of veterans,” Rohan said. “Aggressive home mortgage churning creates uncertainty for.
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Fannie, Freddie conforming loan limits increase in nearly every part of the U.S. – But, as the fhfa noted earlier tuesday, home prices are still on the rise, which necessitates a third straight yearly increase in the conforming loan limit. He is a graduate of University of North.
U.S. mortgage delinquencies hit 18-year low in Q4 2018 -MBA – That marked the first drop in home loans since 2016. The delinquency rate for mortgages. quarter as the effects of Hurricane Irma dissipated. The delinquency rate in Texas declined 218 basis points.
Large Asian Art Collection Donated to University of Texas at Dallas – The family of Trammell and Margaret Crow has donated the entire collection of the Crow Museum of Asian Art to the University of Texas at Dallas. Those works will find a new home in the campus.
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Redwood Trust inks deal with 5 Arches to grow single-family rental loan business – Under the deal, Redwood Trust is buying 20% of 5 Arches, an originator and asset manager of investor-focused loans, including loans for single-family rental homes, multifamily bridge. He is a.
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