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Daily Dose

FDIC Dodd-Frank Stress Test Scenarios Highlight Economic Expectations

Unemployment, exchange rates, prices, income, and interest rates are some of the economic factors that will reveal whether banks in the U.S. are armed with robust capital planning processes and sufficient capital to continue operations during times of economic or financial ...

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For Tech in Mortgage, Constant Innovation is Key

You have an interesting dual role. You’re JMAC Lending’s CFO and Director of innovation. What does your day look like when it comes to balancing those two sides? As CFO my big focus is strategy and financial planning. I don't ...

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Still No Peak in Sight for Home Values

A new report finds continuing escalation of housing prices amid a bullish economy. But industry insiders aren’t 100 percent happy with the whole housing picture.

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As Stocks Tumble, Lenders Take a Hit

The Dow Jones industrial average closed down 1,200 points on Monday, after having dropped 1,500 points earlier in the day. This came on the heels of a 666-point drop in the Dow last Friday. With the Standard & Poor’s index ...

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Top 5 Cities to Rent and to Own a Home

Manhattan, New York and Santa Barbara, California are among the most expensive places to buy a home, but the best places to rent, while Baltimore, Maryland and Clayton County, Georgia, are the best counties to buy a home according to ...

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Reverse Mortgage Volume Hits Its Highest Point Since 2011

Reverse mortgage numbers spiked in January 2018, clocking in a 32.5 percent month-over-month growth in endorsements over December 2017, according to the latest data from Reverse Market Insight, Inc. (RMI) That would be noteworthy in and of itself, but that ...

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$1.5 Trillion Worth of U.S. Homes Threatened by Wildfires

According to the California Department of Forestry and Fire Protection, last year’s California wildfire season was the most destructive on record, with over 9,000 fires burning more than a million acres in 2017. Moreover, some of those fires swept through ...

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Quintairos, Prieto, Wood & Boyer, P.A. Hires New Director

Quintairos, Prieto, Wood & Boyer, P.A. (QPWB), the largest minority and women-owned law firm in the U.S., announced that Dawn Berry will join the firm’s Business, Financial Services & Real Estate Division as Portfolio Performance & Oversight Director.    Within ...

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Flagstar Bank Names New Diversity and Inclusion Leader

Flagstar Bank has announced that Mary Mbiya will serve as program manager of its diversity and inclusion initiatives. Mbiya has over 18 years’ experience in financial services, with five years at Flagstar where she most recently served as VP and ...

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