Takaful: A Western Coming of Age

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Camille Paldi explains the benefits of Takaful for Westerners.

BARCELONA, SPAIN, November 30, 2014 /EINPresswire.com/ — CEO of FAAIF Camille Paldi recently gave an explanation of takaful or Islamic insurance to a curious European audience at the …

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Takaful: A Western Coming of Age

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The Mortgage Production Report

Author:  //  Category: Mortgage

Among several mortgage firms that recently reported originations are lenders that have seen substantial year-over-year improvement, increased purchase financing and several commercial mortgage transactions.

Second-quarter first-time mortgage originations increased more than 7 percent from a year earlier at Michigan credit unions, the Michigan Credit Union League reported.

Residential loan originations in the Washington, D.C., area during the past 12 months amounted to more than 4,800 loans at George Mason Mortgage LLC, the Fairfax, Va.-based company reported in November.


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The Mortgage Production Report

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ARM and Jumbo Business Surge from Year Ago

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Mortgage activity slowed heading into the holiday weekend, though there was an up tick from the same week last year. Jumbo business, however, has nearly tripled from a year earlier, while adjustable-rate activity more than tripled.

A 28 percent drop from the previous week left the U.S. Mortgage Market Index from LoanSifter/Optimal Blue and Mortgage Daily at 121 for the week ended Nov. 28.

However, the index — which is a reflection of per-user product-and-pricing inquiries by LoanSifter clients — moved up 3 percent from the same week last year.


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ARM and Jumbo Business Surge from Year Ago

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FHA Finishes FY 2014 on Upbeat

Author:  //  Category: Mortgage

In the final month of its fiscal year, new business inched up and delinquency moved lower at the Federal Housing Administration.

FHA endorsed 2 percent more in single-family loans, home-equity conversion mortgages and Title I loans during September than it did a month earlier.

The findings were based on a Mortgage Daily analysis of FHA data from the Department of Housing and Urban Development.


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FHA Finishes FY 2014 on Upbeat

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Mortgage Rates Likely to Tumble

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Interest rates on residential loans moved little this past week. But the next report will probably reflect a significant improvement.

Freddie Mac’s Primary Mortgage Market Survey for the week ended Nov. 26 revealed that 30-year fixed rates averaged 3.97 percent.

There was little change from the previous week, when 30-year rates were 3.99 percent. A 32-basis-point decline, however, was recorded from the same week in 2013.


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Mortgage Rates Likely to Tumble

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The fury of Ferguson

Author:  //  Category: Mortgage

… had become two-thirds black. The sub-prime mortgage crisis hit it hard. Many …

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The fury of Ferguson

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Capital Markets Weekly: Record corporate issuance counterbalanced by lower US mortgage-related finance but emerging market challenges growing

Author:  //  Category: Mortgage

… , mortgage-backed sales could fall short of the USD1392-billion reached during the sub-prime … demand for new mortgage loans: in October, the US Mortgage Bankers… Dodd-Frank Act that mortgage lenders should retain 5% of mortgages that do …

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Capital Markets Weekly: Record corporate issuance counterbalanced by lower US mortgage-related finance but emerging market challenges growing

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SolidCAD Solutions partners with Configure One to bring CPQ solutions to Canada

Author:  //  Category: Mortgage

Leading CPQ software provider Configure One has become the company of choice for professional services firm SolidCAD Solutions.

OAK BROOK, IL, USA, November 26, 2014 /EINPresswire.com/ — Configure One™, known for its Web-based product configurator and …

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Information security credentials crucial for organisations and their supply chain

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Experts have warned that suppliers have become an attractive target for hackers.

ELY , UK, November 27, 2014 /EINPresswire.com/ — The role that supply chain security faults have played in high-profile data breaches – including those that hit Target and …

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Information security credentials crucial for organisations and their supply chain

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Card handling operators must conform to PCI DSS v3.0 to address APAC consumers’ security concerns, IT Governance says

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Consumers are increasingly concerned about how retailers protect their banking data: 85.3% of respondents indicated that security remains a key consideration

SYDNEY, AUSTRALIA, November 27, 2014 /EINPresswire.com/ — IT Governance, the international …

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Card handling operators must conform to PCI DSS v3.0 to address APAC consumers’ security concerns, IT Governance says

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