Meanwhile at Essent, more loans exited the inventory in January than in December.
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DataBank, sponsored by an affiliate of Colony Capital, is pooling ownership and leasehold stakes in 15 data centers in six cities, including the Salt Lake City market that is in high demand with West Coast companies diversifying and expanding data-center operations.
February 22
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The agency is recruiting more attorneys and shuffling personnel under new Democratic leadership as it prepares to toughen oversight of the financial services industry.
February 21
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Deals, trends and research in structured finance and asset-backed securities for the week of Feb. 12-18
February 18
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The newly public digital mortgage giant is relying on a diverse set of loan channels to take on competitors in an increasingly crowded field, CEO Anthony Hsieh said in an earnings call this week.
February 18
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Ratings agencies describe a "notable" concentration of alternative-income mortgages in the nonforming pool that were underwritten by Ellington-affiliated LendSure.
February 18
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The Georgia lenders provides financing through a platform available through 16,000 merchants nationwide, including The Home Depot.
February 18
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Early-stage delinquencies were up slightly in both prime and subprime auto ABS pools, according to the agency's report for January.
February 18
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Neighborly Co., a franchisor of 24 home repair and maintenance service brands, is pledging franchise-fee, royalty and other related revenues from its mostly recession-proof business lines.
February 17
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Between the dip in refis and the approach of the spring buying season, mortgage lenders are likely to start paying a little more attention to the purchase market, which is less rate-sensitive.
February 17
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While the Mortgage Bankers Association hailed the move, some experts say it could negatively impact housing inventory.
February 16
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With pandemic conditions in place for a second spring, lenders and brokers discuss the indicators that will reveal whether the market is shifting away from the traditional selling season to one that runs hot throughout the year.
February 15
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While its net income declined annually for the second consecutive year, CEO Hugh Frater touted Fannie Mae’s resiliency in a record year for providing mortgage liquidity.
February 12
