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Homeowners were quick to refinance in July, taking advantage of nearly a quarter-point dip in mortgage rates, according to the latest report from Optimal Blue. While purchase lending fell 10% in the ...
The country has a small non-conforming sector populated by lenders such as GE Money Bank Mortgages and Unión de Créditos Imobiliaros – the latter having funded its business in the securitization ...
As borrowers increasingly rely on government and non-conforming loans, the GSE market has shrunk dramatically The thirst for financing created a boost in home loan volume in December. A closer look at ...
The OBMMI 30-year conforming fixed rate, the benchmark for CME Group’s Mortgage Rate futures, ended August at 6.49%, down ...
SAN FRANCISCO (KGO) -- In mortgage lending there is a bright line you need to understand: There are conforming loans -- these are loans with a cap of about $650,000 -- and jumbo loans, which are for ...
FICO scores are the industry standard and preferred choice for evaluating creditworthiness in the mortgage process, regardless of whether the loan is conforming or non-conforming,” the statement ...
The FRMT 2020-1 mortgage pool is composed of 303 non-conforming mortgage loans with an aggregate principal balance of $300,115,996 as of the cut-off date.
The problems with the sub-prime mortgage market in the US – both real and imagined – rumble on. In the UK, however, there has been a stoic refusal to panic. This was made clear earlier this month as ...