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CFO and LO Jobs; Correspondent News Around the Industry; Vendor Name Change

The group originates &/ or has originated Agency, Government, Expanded/Non QM, Reverse and other specialty products. The mortgage banker/bank ... leader in both the purchase and refinance markets for ... read more

PennyMac Financial Services (PFSI) CEO David Spector on Q3 2018 Results - Earnings Call Transcript

whereas today the top 5 account for just 28% of the production market and 34% of servicing while many other participants compete for the rest. As mortgage rates have continued to move higher, ... read more

The Fed is divided over whether it needs to raise rates soon

But the evidence from the period of the crisis and its aftermath suggested that the Federal Reserve's pre-crisis framework did not enable ... of home-purchase loans. Indicators suggested a pickup in ... read more

U.S. Federal Reserve Meeting Minutes for July 27 (Text)

But the evidence from the period of the crisis and its aftermath suggested that the Federal Reserve’s pre-crisis framework did not enable ... of home-purchase loans. Indicators suggested a pickup in ... read more

Too broke to own a home? These startups will fund your American Dream

Loftium, a Seattle-based startup, will contribute to a buyer’s down payment in exchange for Airbnb income. By agreeing to welcome Airbnb guests for up to three years, a Loftium customer can augment ... read more

Compliance, Broker, and App Products; Legal News from PrimeLending and Lehman

We have a whole generation of home ... Mortgage will be crediting borrowers $500 dollars towards their appraisal cost at closing for all loan amounts over $300,000 including FHA/VA/Conventional and ... read more

Anatomy of a Meltdown

Bernanke grew up in Dillon, South Carolina, an agricultural town just across the state line from North Carolina ... New Century Financial Corp. and American Home Mortgage, filed for bankruptcy, and ... read more

Macquarie Group's (MCQEF) on Operational Briefing Broker Conference (Transcript)

This of course introduced another risk of currency exposure to which we executed a long-dated foreign exchange hedge. We had to deal with the construction and contractor risk and when the initial ... read more

U.S. Federal Reserve Meeting Minutes for Feb. 1 (Text)

The Committee authorizes the Selected Bank, with the prior approval of the Subcommittee and at the request of the United States Treasury, to conduct swap transactions with the United States Exchange . ... read more