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Mortgage Cadence Utilizes FirstClose’s Software Platform

By Seth Welborn Mortgage Cadence recently reached an agreement to license FirstClose’s proprietary integration hub software platform, which provides loan services throughout the mortgage-origination process. The agreement will enable third-party service providers to integrate their services into Mortgage Cadence’s existing end-to-end loan origination product suite more quickly, providing lenders with additional one-stop loan origination capabilities. The post Mortgage Cadence Utilizes …

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Mortgage Cadence Licenses FirstClose’s Integration Hub Software Program

By Seth Welborn Mortgage Cadence recently reached an agreement to license FirstClose’s proprietary integration hub software platform, which provides loan services throughout the mortgage-origination process. The agreement will enable third-party service providers to integrate their services into Mortgage Cadence’s existing end-to-end loan origination product suite more quickly, providing lenders with additional one-stop loan origination capabilities. The post Mortgage Cadence Licenses …

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MBS RECAP: Slightly Stronger, but Far From Finding Answers

By Matthew Graham Posted To: MBS Commentary Bond markets have a question. Will we or won’t we be heading back into the sideways, post-election rate range? for top tier mortgage rates, the range is roughly 4.125-4.25%. For 10yr yields, it’s the 2.3-2.6% range that we’ve been discussing for months. Today’s trading was positive for bond markets, but it didn’t offer …

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Counsel’s Corner: Regulatory Compliance in Today’s Technology-Inundated Mortgage Industry

By Staff Writer Alan Weinreb, Founder of the Margolin & Weinreb Law Group, is a New York-based attorney specializing in mortgage foreclosure, bankruptcy, and REO. Weinreb represented the plaintiff in a very significant case recently, which saw a federal court hand down a decision on a traditionally state-level issue: foreclosure actions. According to Weinreb, the outcome could impact future foreclosures …

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Fed’s MBS Phaseout May Drive Up Rates

By Aly Yale Many expect the Federal Reserve to begin pulling back from the MBS market later this year or early next. A new analysis delves into the options the Fed has for its pullback–as well as the impact each of those options may have on the market. Whichever the Fed choose, expert say it will impact mortgage rates either …

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Homeownership Rising Faster Than Rentals

By Seth Welborn According to the Census Bureau, the homeownersip rate of 63.6 percent was not statistically different from the Q1 2016 rate of 63.5 percent or the Q4 2016 rate of 63.7 percent. However, despite this unchanged data, Trulia Chief Economist Ralph McLaughlin noted that there is still surprising news out of this quarter’s report, as the number of …

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Mortgage Rates Fighting to Stay Near 2017 Lows

By Matthew Graham Posted To: Mortgage Rate Watch Mortgage rates moved lower today, following a policy announcement from the European Central Bank (ECB). Some investors were concerned the ECB might begin sprinkling in clues about rate hikes or an early end to bond buying programs, but there was no such drama in the announcement or the press conference that followed. …

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