Tag Archives: mortgage banking

Winding Down Fannie Mae, Freddie Mac

The government is reducing the amount of mortgage loans it will guarantee effective October 1st, so there’s a rush by buyers to get an expensive property before the deadline goes into effect. This is a rare bit of good news … Continue reading

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Rising Interest Rates Slow Refinancing

This means less profit for lenders as they write fewer mortgages. Wells Fargo has just released better-than-expected results. It still has a significant downside with foreclosures and increased regulation and government scrutiny. Many banks are still fighting fires instead of … Continue reading

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Refinance.com Assists Homeowners in Refinancing through Combined Government Actions

NEW YORK, March 18 /PRNewswire/ — Refinance.com, the nation’s premier source for home mortgage refinancing, announces its national FHA Mortgage Hotline to help consumers understand the impact of today’s Federal Reserve action on interest rates and other recent government actions … Continue reading

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