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Top News In Nonbank Mortgage Today - Breaking & Trending Today

Are shaky nonbanks putting Ginnie Mae at risk?

Non-depositories now dominate home lending, but many of these firms were untested until they had to grapple with the current rising rate environment. How they fare could significantly impact the rest of the mortgage market and, more specifically, the Government National Mortgage Association. ....

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Fed moves cause major headaches for the mortgage ecosystem

The most extreme example of FOMC interest rate market manipulation in 2020 to 2021 has now created a huge potential risk for lenders and investors, writes the chairman of Whalen Global Advisors. ....

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CFPB plans to create registry of nonbank 'lawbreakers'

Nonbanks would have to inform the CFPB of any state or local court decisions against them involving consumer financial products, under a new proposed rule. That information would be pooled with data about federal violations and be made available to the public. ....

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DGAP-News: Mill City Ventures III, Ltd: How This Nonbank Lender Could Be Changing The Financial Industry

DGAP-News: Mill City Ventures III, Ltd How This Nonbank Lender Could Be Changing The Financial Industry 25.08.2022 / 21:43 CET/CEST The issuer is solely responsible for the content ....

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Nonbanks made the majority of purchase mortgages in 2021

Non-depository institutions originated an even greater share of all home loans compared to the year before, according to the Federal Financial Examination Council’s latest analysis of Home Mortgage Disclosure Act data. ....

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