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If You’re One of Those People Asking How Much Lower Your Mortgage Rate Quote is After Fed Day, This is Required Reading

If You’re One of Those People Asking How Much Lower Your Mortgage Rate Quote is After Fed Day, This is Required Reading It’s day two of mortgage rates surging higher–now back to the highest levels in 2 weeks (the day before the September 5th jobs report). The juxtaposition of yesterday’s Fed rate cut and the […]

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Why cap markets tech use has grown and what it means for LOs

New data shows growing use of product, pricing and eligibility engines has given nonbank mortgage executives, their loan officers and others more immediate access to capital-markets information that could be a competitive advantage. It also points to opportunities that could jumpstart mortgage professionals’ careers, depending on their goals and interest in these developments. Most of

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Radian says hi to specialty insurer, bye to conduit, title

Radian Group is diversifying its operations away from real estate finance, exiting its businesses outside of mortgage insurance and purchasing a specialty underwriter. In related moves, Radian will be acquiring Inigo Limited, a Lloyds specialty insurer for $1.7 billion in what it termed “a primarily all-cash transaction.” Meanwhile, in what Radian lately has called its

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