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LoanSnap Receives $4.7M Investment

LoanSnap has raised $4.7 million investment led by Thomvest Ventures and existing investors, bringing the company's financing to $17 million. It offers conventional, Veteran Affairs and refinance mortgages as well as and home-equity lines of… Read more...

Fannie’s Index Shows More Americans Believe It's a Bad Time to Buy a Home

The Fannie Mae Home Purchase Sentiment Index decreased in December, falling 2.7 points to 83.5, resuming its recent downward trend after November's slight uptick. The decrease can be attributed primarily to a 12-percentage point decrease… Read more...

New American Acquires Marketplace Home Mortgage

New American Funding has acquired Marketplace Home Mortgage, a regional lender that does business in 15 states. "Becoming part of New American Funding accelerates the growth plans we put into place several years ago," said… Read more...

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  Mortgage Credit Availability Index Up 1.1% The Mortgage Credit Availability Index increased 1.1 percent to 188.8 in November, increases in the index are indicative of loosening credit. “The supply of credit continues to drift… Read more...

Wells Sends Help To California

Wells Fargo & Company’s Mobile Response Unit has arrived in Chico, Calif., to provide housing recovery assistance as well as help for auto, credit card, personal lines-loan, student loan and small business loan customers in… Read more...

Lenders Respond to First Time Home Buyers, Credit Loosened   Mortgage credit availability increased in October according to the Mortgage Credit Availability Index, a report from the Mortgage Bankers Association, which analyzes data from Ellie… Read more...

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