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Freddie Mac CEO DeVito Announces Retirement

Freddie Mac CEO DeVito Announces Retirement
dsnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dsnews.com Daily Mail and Mail on Sunday newspapers.

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Dovenmuehle Appoints Patricia McCarthy VP of Insurance Administration

Dovenmuehle Appoints Patricia McCarthy VP of Insurance Administration
dsnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dsnews.com Daily Mail and Mail on Sunday newspapers.

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Women in Housing Take Center Stage at Five Star Conference

Women in Housing Take Center Stage at Five Star Conference
themreport.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themreport.com Daily Mail and Mail on Sunday newspapers.

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Five Star Institute Names 2023 Women in Housing Award Finalists

Five Star Institute Names 2023 Women in Housing Award Finalists
dsnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dsnews.com Daily Mail and Mail on Sunday newspapers.

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ITIN, AOT, Warehouse, Servicing Products; Rocket Changes, Conventional Conforming News; Fannie's $5 billion Net Income

Overheard last night at a bar here in Austin, Texas: “It’s hotter than the hinges to the gates of hell.” Not so hot, as residential lenders know, are volume and mortgage rates (which some believe may drift down during the final five months of 2023). No one can predict interest rates with any degree of accuracy or confidence, so originators should optimize the current situation with the cards they have been dealt, which aren’t always good. Speaking of which, an owner of a non-bank lender who was doing $40 million a month a few years ago and who is now doing $10 million a month wrote, “Rob, are you hearing that, in the acquisition of a lender, that all the premium is gone, and that deals are comprised of just an earn out over 2-3 years?” Yes, I am hearing that, for lenders doing $10 million a month. But every deal is different, and for companies that were doing $80 million a month and are now doing $30 million, then there might still be a premium ....

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