MBA: Acquisitions will heat up over next 2 years

MBA: Acquisitions will heat up over next 2 years

The Mortgage Bankers Association’s chief economist explains why there is an increasing trend in mergers and acquisitions, and what will happen in the next two years. One major factor could be holding up profitability in 2016, but it won’t stay that way for long.

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Case-Shiller reaction: Housing markets still strongly dominated by sellers

The Case-Shiller index came out today, but the industry isn’t happy about the results. Industry experts say homebuyers will continue to struggle amidst rising home prices. One area, however, is finally starting to see some relief.

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3 new reports show why Dallas housing market is booming

3 new reports show why Dallas housing market is booming

Tucked into all the hottest housing markets lists jam-packed with California markets, there remains one city outside the Golden State that keeps on making the cut. Several industry reports came out on Tuesday that show the ferocity of the Big D.

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Mid America Mortgage to correspondent lenders: We'll buy your eNotes

A recent survey conducted by Fannie Mae and Freddie Mac showed that one of the obstacles preventing the mortgage industry from going fully digital is a lack of investors willing to buy digitally created mortgages. But now, there’s one more investor willing to buy a digital mortgage note.

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Former MGIC CEO William Lacy passes away at 71

Former MGIC CEO William Lacy passes away at 71

William Lacy, who served as chief executive officer of Mortgage Guaranty Insurance Corporation for 12 years, passed away Sunday at the age of 71, the company announced Monday. According to MGIC, Lacy, who retired as chairman and CEO in 1999 after spending 28 years with the company, died of respiratory failure.

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Moody’s: New GSE mortgage application positive for mortgage bonds

Despite some disagreement in the industry, the recently announced redesigned Uniform Residential Loan Application, the standardized form used by borrowers to apply for a mortgage loan should be a strong benefit to the industry. Although the industry is divided on the positive impact of the redesigned form, this new reports explains why it is, in fact, a good thing.

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How Hillary Clinton went from 'dead broke' to millionaire status

How Hillary Clinton went from 'dead broke' to millionaire status

The presidential nominee gets the bulk of her wealth from speaking engagements.
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Owning a business is hard — here are 5 ways to make your life easier

A business credit card can be a great tool. Know the pluses, and the pitfalls, of having one.
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As Fed nears rate hikes, policymakers plan for 'brave new world'

As Fed nears rate hikes, policymakers plan for 'brave new world'

JACKSON HOLE, Wyo. (Reuters) – Federal Reserve policymakers are signaling they could raise U.S. interest rates soon but they are already weighing new tools they may need to fight the next recession.

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U.S. consumer spending rises in July; inflation remains tame

WASHINGTON, Aug 29 (Reuters) – - U.S. consumer spending increased for a fourth straight month in July amid strong demand for automobiles, pointing to a pickup in economic growth that

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