General

Intercontinental Exchange, the parent of ICE Mortgage Technology and the New York Stock Exchange, is launching two futures contracts based on rate-lock activity. The contracts will be available starting on June 13, pending regulatory…
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Ally Home, the mortgage lending unit of Ally Bank, has expanded its operations to 46 states, adding Massachusetts, Vermont and Virginia to its footprint. The company, which also lends in the District of Columbia, plans to add the last four…
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A principal who ran a short-sale assistance firm received a seven-month prison sentence this week for participating in a scheme in which mortgage lenders and investors lost nearly $500,000, according to a press release issued by the U.S.…
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