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Rising interest rates are creating heavier debt burdens for all would-be borrowers today, but they're also disproportionately harming debt-to-income levels among minority home shoppers, which has led to an increase in their mortgage credit…
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Achieve announced that it has closed on a rated $175 million securitization of fixed rate, amortizing, home equity lines of credit. "This deal is among only a handful of AAA-rated securitizations of HELOCs issued since the Great Recession,"…
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Estimates for the number of people employed by non-depositories in the mortgage business fell to levels last seen 24 months ago in the latest Bureau of Labor Statistics report. Mortgage banker and broker payrolls in October totaled around…
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