Pending Home Sales Up Again, But Outlook Weak

Author:  //  Category: Mortgage

Led by the South, pending home sales were up again and most recently stood at the highest level in nine months. But the outlook for strengthening is weak.

At the conclusion of last year, the Pending Home Sales Index was a seasonally adjusted 110.1. The index is preliminary and could be revised.

It was the highest level for the index, an indication of upcoming existing home sales based on contract signings, since it was a downwardly revised 111.3 in March 2017.


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Pending Home Sales Up Again, But Outlook Weak

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Simply NUC® announces first quad-core 8th Gen i7 commercial NUCs as latest edition Intel® Dawson Canyon NUC models

Author:  //  Category: Mortgage

The latest additions of commercial NUCs include two new standard NUC models as well as fan-less and board-only models available now for pre-order.

AUSTIN, TEXAS, UNITED STATES, January 31, 2018 /EINPresswire.com/ — AUSTIN, Texas and Belfast, UK— …

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Simply NUC® announces first quad-core 8th Gen i7 commercial NUCs as latest edition Intel® Dawson Canyon NUC models

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Draft of Senate GSE Bill Emerges

Author:  //  Category: Mortgage

Legislation to overhaul the mortgage finance system is making its way through the Senate and likely could have enough support to pass.

A draft of a Senate bill has emerged that is the result of discussions between Sen. Bob Corker (R-Tennessee) and Sen. Mark Warner (D-Virginia).

The legislation would levy a “market access fee” on new loans to be used to help lower income borrowers rent or buy a home.


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Draft of Senate GSE Bill Emerges

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CA Mortgage Firm to Hire Dozens in KY

Author:  //  Category: Mortgage

A California home lender is opening a location in Kentucky with plans to hire dozens of mortgage loan originators.

Global Sourcing Network is based in Southern California. It was founded by Steve Fierro, who attended college in Owensboro, Kentucky.

Now Fierro is returning to Owensboro to open a new office downtown, where he plans to initially staff the branch with four or five people.


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CA Mortgage Firm to Hire Dozens in KY

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fidentiaX and iXledger Announce Initiatives to Benefit Stakeholders of Both Marketplaces

Author:  //  Category: Mortgage

fidentiaX and iXledger are developing marketplaces to disrupt the insurance industry have partnered up to increase the utilities of their individual tokens.

SINGAPORE, SINGAPORE, February 1, 2018 /EINPresswire.com/ — fidentiaX, the World’s 1st …

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fidentiaX and iXledger Announce Initiatives to Benefit Stakeholders of Both Marketplaces

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CEO of FHA Mortgagee Criminally Charged

Author:  //  Category: Mortgage

A man who was the chief executive officer of a home lender is accused of providing forged financial states in order to keep his Federal Housing Administration approval.

John Seckel was the CEO of Seckel Capital LLC. The company, based in Newtown, Pennsylvania, was approved as an FHA mortgagee.

But, according to the Department of Justice, Seckel maintained his approval by making false statements to the Department of Housing and Urban Development.


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CEO of FHA Mortgagee Criminally Charged

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Office Leads CMBS 30-Day Rate to Lowest Since 2016

Author:  //  Category: Mortgage

Monthly delinquency on securitized commercial real estate loans fell to the lowest level since 2016, and office loans led the improvement. But hotel delinquency substantially deteriorated.

Thirty-day delinquency on loans that are part of commercial mortgage-backed securities was 4.83 percent as of Jan. 31 — the lowest rate since it was 4.78 percent in  September 2016.

CMBS delinquency declined from 4.89 percent in December 2017. It was the seventh month in a row that 30-day delinquency on securitized CRE loans has moved lower.


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Office Leads CMBS 30-Day Rate to Lowest Since 2016

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How to Sell Your Home Yourself

Author:  //  Category: Mortgage

ROSEMEAD, CALIFORNIA, USA, January 31, 2018 /EINPresswire.com/ — If you’ve tried to sell your home yourself, you know that the minute you put “For Sale by Owner” sign up, the phone will start ring off the hook. Unfortunately, most calls aren’t …

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How to Sell Your Home Yourself

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Gold Medal Star Blockchain to use Singular DTV Blockchain Technology Cryptocurrency For Rewards Program

Author:  //  Category: Mortgage

World’s 1st Fitness Token Blockchain Rollup offers Free Tokens

COLUMBUS, OHIO, UNITED STATES, January 31, 2018 /EINPresswire.com/ — A KickIn Crowd, LLC (AKC), formerly a crowdfunding company and holding company, announced plans to unveil it’s …

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Agency MSRs Being Auctioned

Author:  //  Category: Mortgage

Bids are being sought for mortgage servicing rights on a pool of agency loans. The offering has a heavy concentration of Golden State loans.

MSRs on 1,176 Fannie Mae, Freddie Mac and Ginnie Mae loans with a collective unpaid principal balance of $361 billion are being offered for sale.

The portfolio is made up of 484 GNMA loans for $142 million, 431 FHLMC loans for $138 million and 261 FNMA loans for $82 million.


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Agency MSRs Being Auctioned

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