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U.S. Bank is ending the wholesale mortgage business at newly acquired MUFG Union Bank, making it the latest player in the space to pull back amid the market's decline this year. The large Minneapolis-based depository made the announcement…
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Ginnie Mae has recommended a move that could increase scrutiny of originators making loans the Department of Veterans Affairs has guaranteed. The recommendation, which is included in a report to Congress, calls for an information sharing…
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Fitch stated that mortgage performance is expected to deteriorate in most countries, due to inflation and high interest rates increasing borrower payments and eroding income, which in turn will weaken borrower credit quality and drive…
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