Stay updated with breaking news from New mortgage. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Bankcard Balances Surpass $1 Trillion as Millennials Increasingly Turn to Cards marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Credit Balances on the Rise as Consumers Manage Higher Costs streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Where a defendant that entered into an agreement to purchase real property has challenged a judgment in favor of an intervening plaintiff who had earlier agreed to purchase the same property, the judgment should be affirmed because the purchase agreement between the defendant and the seller was not a conveyance within the meaning of MCL 565.29. ....
While the industry digests Freddie Mac’s first quarter earnings (47 percent purchase, 53 percent refi), if you try to correct my grammar, I will think fewer of you. Speaking of language, did you know that the alphabet in Hawai’i only contains 12 letters: a, e, i, o, u, h, k, l, m, n, p, and w. Every word ends with a vowel. (Sticklers may include an apostrophe – okina - as a separate letter.) I am spending some time in this marvelous area of the world, although a cynic would say, for me, it is merely working from a different place and waking up at 1AM instead of 4AM to send out the commentary. It is 2,500 miles Los Angeles to Honolulu (site of the annual MBAH conference in June), almost half of LA to Tokyo’s 5,500 miles. I mention this because Japan owns $1.3 trillion in U.S. Treasury securities. And some of those have dropped as much as ten points in value since late December. YIKES. But wait… if an investor buys an older pool of mortgages at a price ....
Happy 420 Day. (Tomorrow, by the way, is Happy Surprise Drug Test Day.) Another day, another layoff story from Better.com. The human tragedy in Ukraine continues, but the world financial markets seem to be concentrated on the mounting inflation numbers. Our Federal Reserve is viewed as playing catch up, and we are reminded of its mandate of “maximum employment, stable prices, and moderate long-term interest rates.” Here in Atlanta, in the MBA and STRATMOR Peer Group Roundtable meetings, much of the conversation revolves around bank and non-bank lending. Banks and credit unions are interested in shifting to HELOCs, construction lending issues, and more portfolio lending due to excess cash and deposits, all the while trying to keep trained staff on board. For independent mortgage bankers, the attention is on reducing costs, adjusting staff levels, and how to work preapprovals and enable cash buyers. Indeed, IMBs need to hunker down to outlast their competitors. The human el ....