Browsing Tag:Update

bonds-drop-as-jumbo-collectors-but-to-be-paid-evergrande-replace
(Bloomberg) - China Evergrande Group's dollar bonds fell after people familiar with the matter said some creditors have not yet received repayment of a bond they claim is guaranteed by the developer.Most read by BloombergEvergrande's 2022 bond lost 0.8 cents to 23.5 cents against the dollar, prices compiled by Bloomberg showed on Thursday. Failure to pay the principal...
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new-fha-das-of-single-household-housing-offers-hecm-program-replace
Federal Housing Administration (FHA) Assistant Assistant Secretary (DAS) for Single Family Homes Julienne Y. Joseph gave a briefing on the performance of the Home Equity Conversion Mortgage (HECM) program at National Reverse Mortgage this week in front of an audience of virtual reverse mortgage experts Summer meeting of the Lenders Association (NRMLA).While he mentioned that the endorsement volume remained...
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understanding-reverse-2021-replace-goals-to-ease-reverse-mortgage-training
The latest edition of the reverse mortgage textbook Understanding Reverse has been published. It is the seventh version in a row and includes updates that are shaped by new and evolving realities in the reverse mortgage product category.The latest version of the book includes around 70 changes that affect topics, including the updated Home Equity Conversion Mortgage (HECM)...
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mlo-jobs-jumbo-investor-packages-processing-instruments-mismo-charge-replace-ideas-on-credit-score-coaching-and-occasions-this-week
MLO Jobs; Jumbo, Investor Programs; Processing Tools; MISMO Fee Update; Thoughts on Credit; Training and Events This WeekYesterday I flubbed up by discussing the Administration’s proposal to eliminate credit unions and have the CFPB control the credit process. The article discussed eliminating credit bureaus, not unions, and fortunately the link was there. Credit unions are alive and well and...
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