Browsing Tag:Business

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US manufacturing growth accelerated in September to its highest level since May, despite supply chain issues. The Institute for Supply Management, a trading group of purchasing managers, announced Friday that the manufacturing activity index rose 61.1 percent in September, 1.2 percentage points from its 59.9 percent level in August. Average long-term mortgage rates have skyrocketed this week as...
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The growth gap between private mortgage insurance and Federal Housing Administration loans continued to widen in the second quarter due to the government agency's stricter underwriting standards due to the pandemic.However, the pace at which the PMIs are increasing their insurance portfolio should slow down over the next two years, but that should still exceed the expected percentage increase...
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"The globe Global Reverse Mortgage Services Market The market report provides important details on the current market status as well as forecasts for the period. The report provides mind-blowing details of the market. A thorough research is done which gives the actual data of the market. Restrictions and advancement purposes of the future are combined...
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Business Wanted, MLO Jobs; U/W, Appraisal, Non-QM, Jumbo Products; Tech Survey; Investor's GSE ChangesLenders always have a lot going on. Like “significant competitive pressure and volatility in the capital markets,” as evidenced by Home Point’s $73 million loss for 2Q 2021, announced yesterday. Remaining compliant can be a chore as well. The current STRATMOR blog is, “Ignorance of the...
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Tina Laurie has been promoted to Chief Underwriter, Federal Housing and Administration Lending Business for PGIM Real Estate, which is part of the company's broader agency credit platform that manufactures FHA, Fannie Mae, Freddie Mac, and affordable credit.Laurie joined PGIM Real Estate in 2020 as Chief Underwriter, Healthcare. Previously, she was Deputy Chief Underwriter for Berkadia and Co-Chief...
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Posted: 08/02/2021 / 5:20 PM CDT / Updated: 08/02/2021 / 5:20 p.m. CDT ROBBINSVILLE, NJ - AUGUST 2: Amazon employees assist job seekers with registration during a job fair at the Amazon Fulfillment Center on August 2, 2017 in Robbinsville, New Jersey. The American trading company is organizing “Amazon Jobs Day” with job fairs across the country in order...
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robust-refi-enterprise-curiosity-charges-arent-rising-the-reverse-mortgage-viewers
While the reverse mortgage industry has been doing strong for most of the past year, with approvals largely staying above 4,000 loans per month, the amount of refinancing transactions has been home equity conversion mortgage (HECM) -to-HECM refinances among others Frankly, market factors controlling the reverse mortgage industry are doing very little to extend the penetration rate of the...
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business-mortgages-low-rates-of-interest-imply-costs-are-getting-bid-up-for-buyers-enterprise-information
Year-to-date sales activity for industrial and residential property has exceeded the average sales volume for the five years leading up to the pandemic (2015-2019), according to a report by Real Capital Analytics.On the other hand, sales volume for 2021 in each of the office, retail and hotel sectors lagged the same five-year benchmark.As a result, investors have limited opportunities...
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stephanie-garland-assume-twice-earlier-than-taking-out-a-reverse-mortgage-enterprise
Reverse mortgages are often advertised as a popular way for seniors to access their home equity, which can be attractive to consumers looking for a quick source of cash during troubled financial times like the COVID-19 pandemic. Homeowners should fully understand all costs and terms before applying for a reverse mortgage.A reverse mortgage allows homeowners to convert some...
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