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The correspondence encourages vendors and service providers to focus on the preparedness of their cybersecurity infrastructure. Regular audits, ideally annually at minimum, are recommended to confirm that systems remain robust and effective.
Lawyers representing the government suggest that TCB is pursuing an ‘exceptionally extensive’ search for information and probably has plans to question top-level housing authorities.
The REIT is developing a proactive approach to maintain its client base in the event of a decline in mortgage rates.
The lender specializing in non-qualifying mortgages is introducing a new bank-statement product. This innovative offering is designed to assist borrowers in tapping into their substantial equity.
The National Community Reinvestment Coalition has struck a deal involving a capital injection worth $2.4 billion.
As we welcome 2024, the market for mortgage-servicing rights (MSR) continues to demonstrate strength. While forecasts suggest a modest downturn compared to 2023, the industry is anticipated to maintain solid trading activity throughout the year. Market experts project that, similar to the past three years, 2024’s trading volumes will approach the significant milestone of $1 trillion.
Nationstar Mortgage Holdings has announced plans to release senior notes that will mature in 2032 with a yearly interest rate of 7.125%.
The majority of economic analysts predict a decrease in mortgage rates come 2024, which fuels positive expectations for the real estate market.
The data compiled by New View Advisors confirms the market instability experienced last year. The source, specifically Realtor.com, should not be acknowledged in the summary.
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