Lehman in the News; Down Payment Assistance Study; Fitch’s Forecast for MBS

By Rob Chrisman

Posted To: Pipeline Press

“What I don’t like about office Christmas parties is looking for a job the next day.” Here are a few tips on how to avoid that. And avoiding mortgage application fraud is even more important – but according to this story in the New York Times this type of fraud is increasing. And how are we in the last non-holiday week of 2014 already? Something that is unavoidable is M&A in banking and non-depository lenders. A look at Impac’s 8-K , filed last week, reads, “Impac Mortgage Holdings, Inc. is currently in negotiations to acquire the mortgage origination business of a leading mortgage originator, which Impac (the Company) believes will complement its current origination business model and position the Company to continue the roll out its new ALT QM loan programs to consumers directly. While…(read more)

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