Mortgage Industry: Lenders Likes Fannie, Wells Hires 5000, HECM For Purchase

April 29th, 2009 · No Comments

Bill-Coppedge27sep08-1 original content selection by MortgageNewsClips.com

 

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Contract Extends GSE Access to $40bn in Originations – DIANA GOLOBAY - Lenders One Mortgage Cooperative, a national alliance of mortgage bankers, today announced the extension of its contract with Fannie Mae (FNM: 0.75 0.00%) as a preferred investor, allowing continued access to the competitive pricing inherent in the contract. – housingwire

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Wells Fargo Hires 5000 People for Mortgage Processing, CFO Says – By Ari Levy –
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Senior Lending Network Releases HECM For Purchase, Wholesale Up Next – Senior Lending Network announced the launch of its HECM for Home Purchase program, which allows senior homeowners to use proceeds from a reverse mortgage to purchase a new primary residence. – Reverse Mortgage Daily




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