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Mortgage Industry Adapts to Rising Interest Rates The U.S. mortgage industry is adapting to rising interest rates, transforming lending strategies, and borrower behaviors. This article explores the implications for lenders and borrowers, offering insights into new trends and strategies.
Mortgage Scammer Tried to Fake Own Death: FBI
- Wednesday, 16 September 2020
- Originating
A convicted mortgage fraudster allegedly attempted to fake his own death to evade a new round of federal charges, authorities say. So reports the Lowell (Mass.) Sun.
Read more...Orchard Raises $69M in Bid to Become Real Estate’s Amazon
- Tuesday, 15 September 2020
- Originating
Real estate platform Orchard, founded in 2017 and known as Perch until earlier this year, has announced an additional $69 million in funding and an ambitious goal to transform its industry like Amazon. So reports TechCrunch.
Read more...Mortgage Originations Hit Record in Q2: Black Knight
- Friday, 11 September 2020
- Originating
Quarterly origination was the highest on record in the second quarter of this year, with almost $1.1 trillion in first lien mortgages originated during the three-month period, according to Black Knight. So reports TheStreet.
Read more...Mr. Cooper Goes on Big Hiring Spree
- Saturday, 05 September 2020
- Originating
Mr. Cooper Group has unveiled plans to add 2,000 new remote positions by year-end. So report Marketwatch and The Dallas Morning News.
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