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CMLS Financial continues its leadership in the CMBS sector with the successful closing of a $283.7 million conduit ...
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TORONTO, Dec. 16, 2014 /CNW/ - CMLS Financial, one of Canada's largest, independently owned mortgage services companies, successfully closed its fourth Commercial Mortgage Backed Securities (CMBS) transaction ...
 
Residents Battle FEMA, Mortgage Companies Over Flood Insurance
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Two neighbors in Charlottesville are battling with FEMA and their mortgage companies over flood insurance. They say their homes have been suddenly put into a flood zone, that didn't exist before.
 
Ackman Says Pershing ‘Meaningfully’ Built Fannie-Freddie Bet
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Bill Ackman, founder of Pershing Square Capital Management, said he’s added “meaningfully” to his bets on U.S. mortgage companies Fannie Mae and Freddie Mac in the past two weeks.
 
Fannie, Freddie to Begin Payments to Affordable Housing Funds
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The regulator of Fannie Mae and Freddie Mac ordered the mortgage companies to begin giving potentially hundreds of millions of dollars a year to a pair of affordable-housing funds, pleasing low-income-housing ...
 
Mortgage Loan Rates Drop to 18-Month Low
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The Mortgage Bankers Association weekly report on mortgage applications noted a decrease in the group's seasonally adjusted composite index for the week ending December 12.
 
Mortgage deal monitor: Ocwen review may be flawed
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WASHINGTON (AP) — The monitor overseeing a national mortgage settlement said Tuesday that Ocwen Financial Corp., one of the biggest U.S. servicers of home loans, has produced unreliable information about its business practices.
 
B2B Matchmaking Takes A Quantum Leap as East Point Systems Launches ServiceDepot.com
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This new Business to Business matchmaker streamlines and expedites the process of connecting buyers and sellers of services in the default mortgage field service industry by offering companies a pre-qualified network of members. Post a job and quickly find a qualified, licensed and insured contractor , or register as a contractor and promptly find work with a reputable company. (PRWeb December ...
 
Mortgage Professional America Magazine's Hot 100 For 2015 Includes Four From Open Mortgage
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AUSTIN, Dec. 16, 2014 /PRNewswire-iReach/ -- Four people from Austin based Open Mortgage have received one of the mortgage industry's highest honors. Scott Gordon, Founder and CEO; Diane Creasy, Vice President ...
 
Mortgage settlement monitor says Ocwen's compliance review may be inaccurate; hires accountant
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WASHINGTON - The monitor overseeing a national mortgage settlement said Tuesday that Ocwen Financial Corp., one of the biggest U.S. servicers of home loans, has produced unreliable information about its ...
 
Digital Risk President And Managing Partner Named in MPA's Hot 100
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MAITLAND, Fla., Dec. 17, 2014 /PRNewswire/ -- Digital Risk President and Managing Partner Omar Quddus has been named one of Mortgage Professional America Magazine's Hot 100 for 2015.  This annual list honors 100 people who have made significant contributions in the mortgage industry over the last year. "The Hot 100 represents the best of the best that the mortgage industry has to offer," said ...