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IMFnews

August 24, 2017

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Mortgage Brokers Post Big Gains in 2Q17

Mortgage brokers saw their market share top 11.0 percent in the second quarter, the highest reading in quite some time, Inside Mortgage Finance found… Read More

Industry Glad that CFPB Will Close the TRID ‘Black Hole’

As a result, the closing disclosure can generally only be used to reset tolerances based on events that occur within seven days of closing… Read More

Vendor That’s Digitizing the Mortgage Process Lands $100 Million in Funding

In earlier funding rounds, Blend's backers have included businessman Peter Thiel, who co-founded PayPal... Read More

Eagles Named HUD Acting Deputy Secretary; Pantenaude on ‘Hold’ in the Senate

Senate Democrats opposing the administration’s proposed cuts to HUD’s FY 2018 spending bill have reportedly placed a hold on Pantenaude’s nomination... Read More

Wedbush: Expanded Credit Could Add $200 Billion of Originations

Publicly traded lenders that could benefit from the trend include First Republic Bank, Flagstar Bank, Nationstar Mortgage and U.S. Bank… Read More

Short Takes: A New Loan Record for Freddie Mac / CFPB Warns Seniors About Reverses / Refis on the Rise a Bit / SFR Official Gets Ginnie Job / A New Hire for Mortgage Network

According to a Freddie spokesman, the loan represents the “the largest-ever single-asset tax-exempt financing completed” by the GSE… Read More

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