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Nonbank Mortgage Companies Pose Financial Stability Risks, FSOC Says
Bloomberg via Yahoo Finance· 8 hours ago(Bloomberg) -- Nonbank mortgage companies, which increasingly dominate the sector, pose unique risks...
Yellen urges action to curb US mortgage market risks
AFP via Yahoo Finance· 8 hours agoUS Treasury Secretary Janet Yellen flagged risks posed in the mortgage market Friday, as regulators released recommendations to address the sector's...
FSOC: Regulators, Congress Should Enhance Resilience of Nonbank Mortgage Companies
PYMNTS.com· 5 hours agoThe Financial Stability Oversight Committee (FSOC) is encouraging state and federal regulators and...
What are Mortgage Servicing Rights
Consumer Affairs· 13 hours agoLenders transfer MSRs so they can outsource the administrative tasks of managing a mortgage. The mortgage servicing company charges the ...
US Secretary of the Treasury Janet Yellen said vulnerabilities of nonbank mortgage companies can...
Homenewshere.com· 4 hours agoUS Secretary of the Treasury Janet Yellen said vulnerabilities of nonbank mortgage companies can...
Assumable mortgage platform Roam partners with national lender on down payment assistance -...
HousingWire· 7 hours agoNew York-based assumable mortgage platform Roam rolled out a new partnership with national lender Spring EQ to provide second-lien loans to Roam customers, the company ...
U.S. regulators call for new fund to prevent mortgage servicers from going under
Market Watch· 8 hours agoThe FSOC was created in the wake of the 2008 financial crisis by the Dodd-Frank Act, to identify and...
US Treasury's Yellen says Congress should act on nonbank mortgage sector
Reuters via Yahoo Finance· 8 hours agoYellen spoke during a meeting of the Financial Stability Oversight Council, a regulatory body she...
Hilltop Holdings (HTH) Weak Asset Quality, Mortgage Volume Hurt
Zacks via Yahoo Finance· 12 hours agoHilltop Holdings' (HTH) deteriorating asset quality, low mortgage origination volumes and higher...
What Is a Jumbo Reverse Mortgage?
Consumer Affairs· 13 hours agoJumbo reverse mortgages are tailored to older homeowners with home values above those of traditional reverse mortgage limits. A jumbo reverse mortgage ...
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