Losses on stretched subprime auto loans will deepen into year-end

Author:  //  Category: Mortgage

… compared with the mortgage fiasco. Investors hear the word “subprime” and “have … they’re reminded of the subprime mortgage market, Melinda Zabritski, a director … lending market. Read: Subprime car loans aren’t subprime mortgages yet still worry …

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Losses on stretched subprime auto loans will deepen into year-end

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Mortgage Performance Stable as Balances Decline

Author:  //  Category: Mortgage

… (OCC) shows a universe of mortgage loans that
are performing in … graphics is the decline in
mortgages, in both number and UPB … banks. 
 
 
The share of those mortgages that were current and
performing … as prime with Alt-A and subprime loans each
comprising shares in …

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Mortgage Performance Stable as Balances Decline

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Fannie’s Biz at 3-Yr High, Delinquency at 8-Yr Low

Author:  //  Category: Mortgage

New business was higher than it’s been in three years at the Federal National Mortgage Association, while a new eight-year low was recorded for delinquency.

In its August 2016 Monthly Summary, Fannie Mae said its total book of business finished August at $3.1130 trillion — the biggest it’s been since April 2015.

The Washington-based organization’s total portfolio grew from $3.1032 trillion one month earlier and was also greater than $3.1013 trillion one year earlier.


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Fannie’s Biz at 3-Yr High, Delinquency at 8-Yr Low

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This Is Why Congress Is After Wells Fargo CEO Stumpf

Author:  //  Category: Mortgage

… Fargo or have taken out mortgages.” During the hearing, Rep. Jeb … Texas said he had a mortgage with the bank and wished … employees. Comparing that or the sub-prime mortgage crisis to what happened at …

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This Is Why Congress Is After Wells Fargo CEO Stumpf

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FHA Settlement for BBT

Author:  //  Category: Mortgage

Allegations that Branch Banking & Trust Co. certified government-insured mortgages that didn’t meet program requirements have been settled.

From Jan. 1, 2006, until Sept. 30, 2014, BB&T is accused of falsely certifying residential loans insured by the Federal Housing Administration.

The alleged actions on FHA loans by the Winston-Salem, North Carolina-based financial institution were in violation of the False Claims Act.


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FHA Settlement for BBT

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7-Week High for New Mortgage Business

Author:  //  Category: Mortgage

New residential loan activity ascended to the highest level that it has been in seven weeks, and it was conventional refinance business that drove the week-over-week gain.

At 178, the U.S. Mortgage Market Index from OpenClose and Mortgage Daily for the week ended Sept. 30 was greater than it’s been since the week ended Aug. 12.

The index, which provides insight into prospective mortgage production based on average per-user rate locks by OpenClose clients, rose 6 percent from the previous week.


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7-Week High for New Mortgage Business

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Researchers Offer New Hope to Meso Sufferers at the 6th International Symposium on Malignant Pleural Mesothelioma

Author:  //  Category: Mortgage

The Symposium on MPM Draws a Distinguished Panel of Scholars, Researchers, and Clinicians to UCLA to Discuss the Latest Breakthroughs in Detection & Treatment

LOS ANGELES, CALIFORNIA, UNITED STATES, September 30, 2016 /EINPresswire.com/ — The 6th …

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Researchers Offer New Hope to Meso Sufferers at the 6th International Symposium on Malignant Pleural Mesothelioma

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Retail Banking Market Country Snapshot UK

Author:  //  Category: Mortgage

The UK has a mature and highly developed retail banking sector, with high levels of ownership across all four key products.

PUNE, INDIA, September 30, 2016 /EINPresswire.com/ — Global Retail Banking Industry

The UK has a mature and highly developed …

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Retail Banking Market Country Snapshot UK

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Global Attendance Machine Market 2016 Share, Trend, Segmentation and Forecast to 2020

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Global Attendance Machine Market -Size, Share, Trends, Analysis, Research, Future Demand, Price

PUNE, MAHARASHTRA, INDIA, September 30, 2016 /EINPresswire.com/ — Attendance Machine Industry

Summery

Wiseguyreports.Com Adds “Global Attendance …

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Global Attendance Machine Market 2016 Share, Trend, Segmentation and Forecast to 2020

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Wealth Market in 2016 Analyzing 69 Country

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The global wealth market is on a continuous growth path. liquid onshore assets will exceed $100tn no later than 2017

PUNE, INDIA, September 30, 2016 /EINPresswire.com/ — Global Wealth Industry

The global wealth market is on a continuous growth path. …

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Wealth Market in 2016 Analyzing 69 Country

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