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In a shrinking market, lenders are trying to find avenues to drum up business. There are signs that one such avenue may be joint ventures. At least three lenders in November announced the formation of joint ventures with real estate…
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Mortgage rates fell by almost half a percentage point this week as bond market investors reacted over the past several days to the possibility the Federal Reserve could pull back on its economic tightening. The 30-year fixed-rate mortgage…
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Higher interest rates helped Wells Fargo land more than $3 billion in profit in the third quarter. From a capital perspective, they also wiped out nearly three-quarters of that. While rising rates buoy revenue for the country's largest…
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