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MortgageDaily.com - Mortgage News Headlines Fri, 26 Feb 2010 09:00:00 GMT
  • Wave of Repurchases Ahead (Mon, 12 Sep 2005 18:37:00 GMT)  Michael Waldron, a partner at the law firm Patton Boggs LLP, predicted repurchase demands and denied mortgage insurance claims will rise this year.

    He made his comments on a radio show broadcast by The VoiceAmerica Talk Radio Network.

    "The one area that I think we all need to kind of keep our eye on is the area of repurchases," Waldron stated.
  • No More Approval Letters Without Properties (Mon, 12 Sep 2005 18:37:00 GMT)  Equitable Reverse Mortgage Co. issued a statement that it would be closing down.

    The company plans to wind down operations by April 30.

    Equitable's president predicted in the statement that the reverse mortgage industry will consolidate to just 20 big players over the next five years.
  • Impac Restarts Originations (Mon, 12 Sep 2005 18:37:00 GMT)  In 2007, Impac Mortgage Holdings Inc. closed its origination operations.

    But in its earnings report today, Impac said it has begun originating mortgages again."

    The company has established mortgage lending operations as it seeks to re-enter the mortgage lending industry," the report stated.
Bankrate.com: Today's new stories Wed, 30 Sep 2009 13:00:04 GMT Bankrate.com: Today's Best Mortgage Rates 8/27/2008 9:00:01 AM

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