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Browsing Category
Mortgage Loan
Home loan competition intensifies as banks embark on a wave of lower interest rates
As the economy is recovering and the home buying market is expected to see growth in the upcoming festival season, lenders are rushing to lure home loan customers with rate cuts. 'interest. Although the Reserve Bank of India (RBI) has kept…
New housing regulator could make the American dream more accessible to millions: NPR
Homeownership is the most powerful way for most Americans…
After Ida damages homes in Louisiana, HUD to provide assistance to 25 parishes
Residents of parishes hardest hit by Category 4 Hurricane Ida could receive federal relief for housing payments and repairs, officials said on Friday during a visit with the U.S. Secretary of Housing…
Business News | Stock market and stock market news
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This domestic solar company rises to shine with investors
Sunrun (NASDAQ: RUN), a home solar power, battery storage and energy services company, has lost more than half of its value since reaching an all-time high in January, but it looks like the cloudy…
Student debt keeps 51% of borrowers from buying a home
The National Association of Realtors found that 51% of student loan borrowers delayed buying a home.
Of this group, 60% of millennials have pushed back…
Wells Fargo fined $ 250 million for mismanagement of mortgage program
Wells Fargo will pay $ 250 million after regulators accused the bank of failing to properly oversee mortgages, which are managed by a Des Moines-based division of the company.Bank executives and the U.S. Office of the Comptroller of the…
Chimera Investment Corporation sponsors two residential mortgage securitizations
NEW YORK--(COMMERCIAL THREAD) - Chimera Investment Corporation (NYSE: CIM) announced that since the end of the second quarter, it has sponsored two residential mortgage securitizations with a total principal balance of $ 885…
Freddie Mac to lower barriers to disbursing certain loans in November
Freddie Mac on November 15 will drop down payment conditions on principal residences for borrowers with incomes up to 80% of the median surface who take out mortgages secured by properties of 2 to 4 units. In addition, Freddie is relaxing…
White House to unveil measures to deal with housing crisis
WASHINGTON - Biden administration set to unveil package of measures aimed at addressing the United States shortage of entry-level housing and rental buildings, according to people familiar with the matter, steps…