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Trump posts new support for GSEs, lower mortgage rates

President Trump has resumed social media posts backing housing advocacy, one of which is an online video promoting the “Great American Mortgage Corporations” branding for two government-sponsored enterprises. Processing Content The two promotional videos in the posts renew pledges that Freddie Mac, Fannie Mae, or institutions like them will lower rates, boost purchase applications and […]

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MSR retention hits 57% share: benchmark your sell strategy

Lenders retained servicing rights on 57% of August volume — up from 53% the prior two months — as tighter execution spreads and rising MSR values reshaped the sell/retain calculus, even as August lock volume fell across the board on a 47% annual drop in rate-and-term refis, Optimal Blue said. Processing Content While conforming rates

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Better exec tapped to lead PLACE, Envoy Mortgage operations

A Better Home & Finance executive who helped the digital lender rebound to billion-dollar origination volume will lead a new lender and real estate platform.  Processing Content Chad Smith was appointed CEO of Envoy Mortgage and president of real estate platform PLACE’s mortgage and financial services division, the companies announced Tuesday. The veteran industry leader

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