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Comerica Inc. Closes Mortgage Banker Finance Business to Enhance Liquidity and Improve Loan-to-Deposit Ratio

Comerica Inc. Closes Mortgage Banker Finance Business to Enhance Liquidity and Improve Loan-to-Deposit Ratio

At the 2023 Morgan Stanley U.S. Financials, Payments & CRE Conference, Comerica Inc., a financial services company based in Dallas, announced its decision to close its mortgage banker finance business... ...more

Conditions

July 04, 20235 min read

Understanding the Implications of the New Colorado River Deal for California

Understanding the Implications of the New Colorado River Deal for California

Discover the implications of the recent Colorado River deal on California's water supply. Explore the agreement's impact on residents and real estate agents, and learn about the measures taken to addr... ...more

Conditions

June 29, 20235 min read

The Controversy Surrounding Fannie Mae and Freddie Mac's Pricing Adjustments

The Controversy Surrounding Fannie Mae and Freddie Mac's Pricing Adjustments

Discover the truth behind the recent controversy surrounding Fannie Mae and Freddie Mac's pricing adjustments. Uncover the motivations behind these adjustments, explore the impact on buyers, and gain ... ...more

Conditions

June 27, 20234 min read

Understanding Credit Requirements for Mortgage Financing

Understanding Credit Requirements for Mortgage Financing

Creditworthiness is a factor when it comes to applying for a mortgage loan. However, having a poor credit score does not necessarily mean that your dream of owning a home is out of reach. ...more

Conditions

June 22, 20236 min read

The Use of Verification of Employment (VOE) for Today's Mortgage Lenders

The Use of Verification of Employment (VOE) for Today's Mortgage Lenders

Discover the ins and outs of employment verification for mortgage lenders in this comprehensive blog post. Learn how to navigate the verification process smoothly and provide accurate information to s... ...more

Conditions

June 20, 20237 min read

Protecting Homeowners: CFPB Issues Guidance on Zombie Mortgages

Protecting Homeowners: CFPB Issues Guidance on Zombie Mortgages

Consumer Financial Protection Bureau's (CFPB) recent guidance on zombie mortgages. These are mortgages that have exceeded the statute of limitations, leaving homeowners susceptible to foreclosure atte... ...more

Conditions

June 15, 20236 min read

California's Clean Energy Revolution: Hydropower's Rise and Its Benefits

California's Clean Energy Revolution: Hydropower's Rise and Its Benefits

Discover the energy revolution taking place in California as hydropower rises to prominence. Explore the benefits of this clean and cost-effective energy source, including reduced emissions, lower ele... ...more

Conditions

June 14, 20236 min read

Discover The Real Facts About Mortgage Industry Practices.

Discover The Real Facts About Mortgage Industry Practices.

Uncover the truth about mortgage industry practices in this eye-opening article. Get the real facts and insights you need to navigate the world of mortgages with confidence. ...more

Conditions

June 08, 20236 min read

California Home Prices Surge by 7.6%: A Promising Signal for Homebuyers

California Home Prices Surge by 7.6%: A Promising Signal for Homebuyers

Explore the factors driving this upward trend, gain insights into the current real estate market, and learn how you can make the most of this favorable environment to find your dream home in Californi... ...more

Conditions

June 06, 20236 min read

Getting Your Bank Statements Through Underwriting

Getting Your Bank Statements Through Underwriting

Everything is digital now! Who keeps their physical bank statements? I know they are online, can't I just do transaction print out? Here is how to get your print outs accepted by the underwriter ...more

Conditions

March 13, 20230 min read

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