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Moody’s reaffirms ‘above-average’ quality rating for reverse mortgage servicer Celink - HousingWire
HousingWire· 2 hours agoDepartment of Housing...Equity Conversion Mortgage (HECM) servicing contract and is a HECM...
Finance of America hit with layoffs; chief retail sales officer steps down - HousingWire
HousingWire· 1 day agoLeading reverse mortgage lender Finance of America (FOA) has undergone a round of layoffs that are...
Small Business - The Andalusia Star-News | The Andalusia Star-News
The Andalusia Star-News· 15 hours agoMoody's Affirms Celink's SQ2 (Above Average) Reverse Servicer Assessment PR Newswire LANSING, Mich., June 6, 2024 LANSING, Mich., June 6, 2024 /PRNewswire/ -- Celink, the ...
Variable rate mortgages are the best bet to save you money after Bank of Canada cut
Financial Post via Yahoo Finance· 10 hours agoOf course, while it hasn’t happened often, rates can reverse higher after a few cuts. That can occur...
Acting Ginnie Mae president comments on ’HMBS 2.0’ - HousingWire
HousingWire· 6 days agoGinnie Mae, which manages the government-guaranteed portfolio of forward and reverse mortgage-backed...
March reverse mortgage data shows retail outpaced wholesale - HousingWire
HousingWire· 6 days agoHome Equity Conversion Mortgage (HECM) endorsements declined by 4.2% in March, a dynamic primarily...
Reverse mortgage volume, securities issuance improve further in May - HousingWire
HousingWire· 2 days agoThe pace of endorsement growth has notably increased this year, but the flatness of April’s case...
Mortgage rates tick up as Fed signals delay on interest rate cuts: Freddie Mac
FOX Business· 6 days agoMortgage rates reversed course this week and headed north of 7% again, following several weeks of...
HELOC Blues? New Options for Managing Home Equity
TheStreet.com· 2 days agoWith higher interest rates causing borrowing costs to rise, homeowners are hesitant to sell and give up their favorable low rates. The percentage of homebuyers with interest rates below 6% has ...
The strange tale of a $457 million deposit, 100 million masks from China, and one tiny bank
Semafor via Yahoo Finance· 44 minutes agoA US bank regulator has been asked to look into a 2020 wire transfer that has roped the Republican...
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