
New mortgage fee won’t debut until after spring homebuying season
Industry groups continue to object to a new Fannie and Freddie fee aimed at some riskier borrowers as a burden on lenders and consumers.
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Even after layoffs, 3 in 4 mortgage lenders lost money in Q4 2022
Lenders lost $2,812 per loan as business dropped off faster than they could trim expenses and production costs hit a record-high $12,450 per loan, a Mortgage Bankers Association survey found.
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‘All strapped in’: Luxury clients face whiplash as banking fallout unfolds
The sudden change in the global banking landscape has left luxury real estate clients hanging out "in the parking lot," Kofi Nartey said, as they wait to see where the remaining chips will fall.
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How that ‘Distracted Boyfriend’ meme could end up costing you
Sharing the latest funny photo is an almost irresistible impulse. However, if it crosses the line into marketing, you could be setting yourself up for financial consequences.
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