Africa Cup of Nations – Day 6 – 01/14/22 Senegal vs Guinea | 0-0 Malawi vs Zimbabwe | 2-1 Morocco vs Comoros | 2-0 Gabon vs Ghana | 1-1 details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: VOANews.Com
Wells Fargo originated $48.1 billion worth of mortgages in the fourth quarter, down from $51.9 billion in the previous quarter. The bank’s mortgage lending gain on sale margin — the earnings stemming from its originations — tumbled from 204.5 basis points in the third quarter of 2021 to 162.16 basis points in the fourth quarter. […]
While layoffs sweep the mortgage industry, particularly consumer-direct lenders, non-qualified mortgage (non-QM) lenders are going on a hiring spree. Non-QM lenders Angel Oak Mortgage, Acra Lending and Newfi alone currently have at least 130 openings on jobs listings sites. According to Evan Kidwell, chief operating officer at Griffin Funding, a consumer-direct lender that launched non-QM […]
Today, the U.S. details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: Website of U.S. Department of Education
A single page of artwork from a 1984 Spider-Man comic book sold at auction Thursday for a record $3.36 million. Mike Zeck’s artwork for page 25 from Marvel Comics’ Secret Wars No. 8 brings the first appearance of Spidey’s black suit. The symbiote suit would eventually lead to the emergence of the character Venom. The […]
Africa Cup of Nations – Day 5 Cameroon vs Ethiopia | 4-1 Cape Verde vs Burkina Faso | 0-1 details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: VOANews.Com
Another large mortgage-servicing rights bulk offering is on the market this week on the heels of a $10 billion MSR package that went out to bid earlier this month. The latest deal is being marketed by New York-based Mortgage Industry Advisory Corp., or MIAC. It is a $6.23 billion bulk-sale offering of agency MSRs, with bids […]
In an attempt to attract more foreign students, Dartmouth College in New Hampshire says it will admit international students regardless of their ability to pay tuition. International students will be admitted through a “need blind” process used for U.S. students. The college charges about $80,000 per year for tuition and accommodation. “Talent is spread all […]
The Supreme Court weighed in on a class action lawsuit against Quicken Loans, now Rocket Mortgage, regarding its appraisal practices during the financial crisis, delivering a procedural win for the mortgage lender. On Monday, the Supreme Court remanded the class action to the United States Court of Appeals for the Fourth Circuit to reexamine its […]
The average 30-year fixed rate mortgage increased to 3.45% during the week ending Jan. 13, up from 3.22% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed rate mortgage averaged 2.79%. The 15-year fixed rate mortgage averaged 2.62% last week, up from 2.43% the week prior. A year ago […]
Africa Cup of Nations – Day 4, Jan 12, 2022 Tunisia vs Mali | 0-1 Mauritania vs Gambia | 0-1 Equatorial Guinea vs Ivory Coast | 0-1 details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: VOANews.Com
The Chinese city of Tianjin ordered a second round of COVID-19 testing for all of its 14 million residents on Wednesday after an initial screening of the population found 97 positive cases. The port city is about 100 kilometers southeast of the Winter Olympics host city of Beijing. Authorities locked down several of the port […]
Ronnie Spector, the cat-eyed, beehived rock ‘n’ roll siren who sang such 1960s hits as “Be My Baby,” “Baby I Love You” and “Walking in the Rain” as the leader of the Ronettes, has died. She was 78. Spector died Wednesday after a brief battle with cancer, her family said. “Ronnie lived her life with […]
U.S. prosecutors have charged a man with supplying performance-enhancing drugs to athletes at the Tokyo Olympics, a first under a federal law allowing criminal charges against doping conspirators at events involving U.S. athletes, broadcasters and sponsors. The U.S. Attorney’s Office in Manhattan said Eric Lira, 41, distributed drugs, including human growth hormone, “for the purpose […]
Africa Cup of Nations – Day 3, Jan. 11, 2022 Algeria vs Sierra Leone | 0-0 Nigeria vs Egypt | 1-0 Sudan vs Guinea Bissau | 0-0 details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: VOANews.Com
Chicago-based Guaranteed Rate will discontinue its third-party wholesale channel, Stearns Wholesale Lending, just one year after it acquired the multichannel lender. “Guaranteed Rate will continue to thrive and win market share by having a laser focus on leveraging our industry-leading purchase platform augmented by the best loan officers in the business,” Guaranteed Rate CEO Victor […]
A group of Indigenous people is prepping a bid to bring the 2030 Winter Olympic and Paralympic Games to Vancouver, Canada. It would be the first time any Olympics was hosted by Indigenous people and could lead to further reconciliation with Canada’s First Nations. The group was known as the “Four Host First Nations” when […]
The Federal Housing Finance Agency’s announcement last week that it will hike upfront fees for high-balance and second-home loans effective April 1 will provide a boost for the private-label securities market, according to executives at one of the leading sponsors of private-label securities. In fact, FHFA’s new fee structure for government-sponsored enterprises (GSEs) Fannie Mae and […]
This Fact Sheet was originally posted by The White House and is available here: https://www.whitehouse.gov/briefing-room/statements-releases/2022/01/12/fact-sheet-biden-harris-administration-increases-covid-19-testing-in-schools-to-keep-students-safe-and-schools-open/ details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: Website of U.S. Department of Education
Mortgage applications climbed 1.4% for the week ending Jan. 7, 2022, according to a survey published by the Mortgage Bankers Association this week. The growth was buoyed by a 2% increase in the trade group’s seasonally adjusted purchase index, the MBA said. Per the report, the unadjusted purchase index increased 51% compared to the previous […]
Novak Djokovic, the world’s top-ranked male tennis player, says errors were made on his entry documents about his activities in the weeks before traveling to Australia, adding another layer of controversy in his fight to compete in the year’s first major “Grand Slam” tennis tournament. The Serbian star issued a statement Wednesday saying his assistants […]
Redfin announced Tuesday layoffs of 121 employees as it shakes up its mortgage department, including purchasing a lending company. The real estate company entered into an agreement to acquire mortgage lender Bay Equity Home Loans for $135 million, two-thirds in cash and one-third in stocks, Redfin said in a press release and public filing. The […]
Fannie Mae opened 2022 with its 45th credit-risk transfer (CRT) deal through its Connecticut Avenue Securities (CAS) real estate mortgage investment conduit, or REMIC, bringing the collective value of notes issued through the conduit to nearly $52 billion since the first offering in 2013. The 45 CAS deals involved credit-risk transfer (CRT) notes issued to private investors […]
A Ugandan author who wrote critical comments about President Yoweri Museveni’s son has been charged with offensive communications. Kakwenza Rukirabashaija’s lawyer says he was tortured in detention. Award-winning writer Kakwenza Rukirabashaija appeared before a court Tuesday and was charged with two counts of offensive communication. Rukirabashaija was arrested on December 28 and taken from his Kampala […]
Today, the U.S. details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: Website of U.S. Department of Education
Mortgage delinquency rates hit pre-pandemic levels in October due to labor market improvements and home equity increases, according to the most recent CoreLogic Loan Performance Report. The expectation is that rates will continue to decline during 2022. In October, 3.8% of mortgages were delinquent by at least 30 days, including foreclosure, close to the 3.7% […]
PennyMac Financial Services announced today that it’s launching a new technology platform for its broker channel, and it has rebranded its broker division from PennyMac Broker Direct to Pennymac TPO. The California-based wholesale lender claimed the new tech offering, called POWER+, would give brokers “speed, control and access to expert advice,” as well as “guidance […]
Novak Djokovic has been cleared by a judge to remain in Australia, ending a five-day standoff between the government and the world’s top-ranked male tennis player over his COVID-19 vaccination status. Circuit Court Judge Anthony Kelly Monday overruled the government’s decision to revoke Djokovic’s visa and ordered officials to return his passport and release him […]
“The Power of the Dog” and “West Side Story” on Sunday won the top film prizes at an untelevised Golden Globes that was largely ignored by Hollywood, with awards unveiled via a live blog without any of the usual A-list glamour. Jane Campion’s dark Western “The Power of the Dog” became only the second […]
Bob Saget, a comedian and actor known for his role as a widower raising a trio of daughters in the sitcom “Full House,” has died, according to authorities in Florida. He was 65. The Orange County, Florida, sheriff’s office was called Sunday about an “unresponsive man” in a hotel room at the Ritz-Carlton in Orlando, […]
If the Golden Globe Awards aren’t on television, will anyone care? That’s just one of the uneasy questions facing the embattled Hollywood Foreign Press Association, which is proceeding with its film awards Sunday night without a telecast, nominees, celebrity guests, a red carpet, a host, press or even a livestream. In a year beset by […]
Greece this week takes delivery of an ancient fragment that once adorned the Parthenon temple, the country’s most important archeological site. The return from a museum in Italy is being seen as the strongest nudge yet to the British Museum, which holds the largest collection of Parthenon Sculptures and has refused for centuries to return […]
Verdell Blackmon showed up for a recent NFL game and left no doubt who she was cheering for that afternoon. Blackmon’s hair, makeup, nails and dress were bright hues of blue, and Detroit Lions Women of the Pride was printed on her black shirt. The Lions season ticket holder was one of about 50 women […]
Marilyn Bergman, the Oscar-winning lyricist who teamed with husband Alan Bergman on The Way We Were, How Do You Keep the Music Playing? and hundreds of other songs, died at her Los Angeles home Saturday. She was 93. She died of respiratory failure not related to COVID-19, according to a representative, Jason Lee. Her husband […]
Whether you’re looking to fly through the air with the greatest of ease, explore the aerial arts, or just raise your spirits, the Trapeze School in Washington, DC, will make sure things are looking up. Maxim Moskalkov visited the school and met its many instructors. Camera: David Gogokhia details ⇒ BusinessMediaguide.Com portal received this content […]
Today, the Bureau of Labor Statistics reported that 199,000 jobs were created in December — a miss from estimates. They also reported we had 141,000 in positive revisions to the previous jobs report. The unemployment rate is currently at 3.9% and we had another big print from the household survey which showed 651,000 jobs gained. […]
This video is part of our HousingWire 2022 forecast series. After the series wraps in January, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for this year, along with a […]
Pink slips arrived for nearly three dozen loan officers at Wyndham Capital Mortgage on Wednesday, HousingWire has learned. The consumer direct mortgage lender, headquartered in Charlotte, North Carolina, said it laid off 35 LOs across its offices in Dallas, Charlotte, Salt Lake City, Kansas City, and Phoenix. In a statement, Jeff Douglas, CEO of Wyndham […]
In Egypt, Christmas celebrations are officially sanctioned by Islamic clerics for people of all faiths, despite objections from some conservative Muslims. On Friday, January 7, the holiday season concluded with Coptic Christmas, observed by the vast majority of Christians in Egypt. For VOA, Hamada Elrasam has this photo essay, with words by Elle Kurancid. details […]
Today, the U.S. Department of Education (Department) announced the approval of Florida’s American Rescue Plan Elementary and Secondary School Emergency Relief (ARP ESSER) plan and distribution of the remaining funds. Florida’s plan details how the state is using and plans to use ARP ESSER funds to sustain the safe operation of schools and equitably expand […]
This week’s HW+ member spotlight features Joe Langner, CEO at ReverseVision. Langner has more than 30 years of senior leadership experience, driving growth at marquee mortgage technology and software companies. As a former executive vice president and chief sales officer at Ellie Mae, Langner helped execute the firm’s initial public offering in 2011. His other […]
Sidney Poitier, who broke through racial barriers as the first Black winner of the best actor Oscar for his role in Lilies of the Field, and inspired a generation during the civil rights movement, has died at age 94, an official from the Bahamian Ministry of Foreign Affairs said Friday. Eugene Torchon-Newry, acting director general of […]
Midday queues snake out to the street in an upmarket Shanghai neighborhood, but it’s not lunch at the city’s hottest restaurant that people are lining up for — it’s cosmetic “micro-procedures”, which are surging in popularity in China. The “lunchtime facelift” and other “medical aesthetics” procedures are booming as a new generation of Chinese consumers […]
Peter Bogdanovich, the ascot-wearing cinephile and director of 1970s black-and-white classics like The Last Picture Show and Paper Moon, has died. He was 82. Bogdanovich died early Thursday morning at his home in Los Angeles, said his daughter, Antonia Bogdanovich. She said he died of natural causes. Considered part of a generation of young “New Hollywood” directors, […]
Denver-based Incenter Mortgage Advisors is in the market with a $10 billion bulk-sales package of mortgage-servicing rights (MSRs) tied to Fannie Mae and Freddie Mac loans. The MSR offering involves 36,185 loans that are fairly evenly split between Fannie- and Freddie-backed mortgages. The weighted average age of the loans is 10.8 months, with an average interest rate of 2.898%, according to […]