Lenders One, DocMagic Partner for Mortgage Loan Fulfillment
Lenders One Mortgage Cooperative , a national alliance of mortgage bankers, has developed a partnership with Document Systems Inc. (DSI) to provide cooperative members with preferred pricing of DocMagic’s fully compliant initial disclosures and closing documents. DocMagic seamlessly integrates with all leading loan origination software systems to provide lenders with error-free mortgage ...
Read more News Source - Centre Daily Times
Publish date - 13:29:11 01/05/09

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Jumbo mortgage loan rates put damper on refinancing
While plunging mortgage rates have spawned a frenzy of refinancing, borrowers with larger, so-called jumbo loans are still seeing interest rates in the 7 percent range, prompting many to abandon refinancing plans altogether or resort to creative transactions.
Read more News Source - Boston Globe
Publish date - 09:53:22 01/05/09

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Non-Agency Mortgage Bonds Rallied as Rates Declined (Update2)
Jan. 5 (Bloomberg) -- U.S. mortgage bonds without government support rose last month, as efforts by the Federal Reserve and Treasury Department to lower home-loan rates boosted investor demand.
Read more News Source - Bloomberg
Publish date - 22:55:15 01/05/09

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Non-Agency Mortgage Bonds Rallied as Rates Declined (Update1)
Jan. 5 (Bloomberg) -- U.S. mortgage bonds without government support rose last month, as lower home-loan rates boosted investor demand. Securities initially rated AAA and backed by prime- jumbo mortgages with five years of fixed rates climbed 5 cents on the dollar in December to 75 cents, according to JPMorgan Chase & Co. data.
Read more News Source - Bloomberg
Publish date - 17:24:26 01/05/09

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Lenders One and DSI partner on mortgage loan fulfillment
Lenders One Mortgage Cooperative, a national alliance of mortgage bankers, has developed a partnership with Document Systems Inc. (DSI) to provide ...
Read more News Source - Finextra
Publish date - 14:39:06 01/05/09

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Lenders One, DocMagic Partner for Mortgage Loan Fulfillment
ST. LOUIS----Lenders One Mortgage Cooperative, a national alliance of mortgage bankers, has developed a partnership with Document Systems Inc. to provide cooperative members with preferred pricing of DocMagic’s fully compliant initial disclosures and closing documents.
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 13:01:49 01/05/09

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NY Fed begins purchasing mortgage securities
The Federal Reserve Bank of New York said Monday it has begun purchasing mortgage-backed securities in an effort to bolster the battered housing market.
Read more News Source - AP via Yahoo! News
Publish date - 20:00:52 01/05/09

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Chinese banks expand house loan preferences to cut debtor burden
Major Chinese lenders are expanding a preferential policy on house loan interests to cut the burden of the country's home buyers hit by the spreading financial crisis. For individuals who bought houses on mortgage lending before Oct. 27, 2008 and have not paid off the loans, their credit interest rates could be reduced to 70 percent of the benchmark rate from the previous 85 percent, customer ...
Read more News Source - People's Daily
Publish date - 04:22:41 01/05/09

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Apollo Home Mortgage opens Hibbing branch
HIBBING — Surprisingly, given all the negative national press about home foreclosures and a crisis in the home mortgage industry, now is a “very good time to seek a home mortgage,” according to Bobbi Jo Amic, senior loan officer for the new Apollo Home Mortgage Group office recently opened at 2208 First Ave.
Read more News Source - Hibbing Daily Tribune
Publish date - 03:30:27 01/05/09

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You'll need a 40% deposit, mortgage-hunters are warned
A quarter of mortgage deals are available only to borrowers with a 40 per cent deposit, it has been revealed.
Read more News Source - Daily Mail
Publish date - 08:36:41 01/06/09

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