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Forbes names most innovate fintech companies in housing

Forbes this week announced the winners of its 5th annual Fintech 50, which it describes as the world’s most innovative financial technology companies, and several heavy hitters in housing made the list. The companies selected were recognized for their industry-changing innovation. This was…

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Forbes names most innovative fintech companies in housing

Forbes this week announced the winners of its 5th annual Fintech 50, which it describes as the world’s most innovative financial technology companies, and several heavy hitters in housing made the list. The companies selected were recognized for their industry-changing innovation. This was…

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Mortgage rates as we know them may hang on a single Republican vote

The Federal Reserve‘s independence in setting U.S. monetary policy, which impacts the mortgage rates Americans pay, may hang on a single Republican vote. The Senate Banking Committee Thursday interviewed Christopher Waller, director of research at the Federal Reserve Bank of…

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Mortgage Tech Rundown: Calyx, Roostify, and Quicken Loans

Calyx, a provider of comprehensive mortgage software solutions for banks, credit unions, mortgage bankers, wholesale and correspondent lenders, announced it has enhanced Zip, the company’s point-of-sale platform. Zip is a loan interview platform that allows borrowers to monitor application progression…

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Fannie Mae reports 2019 income of $14.2 billion

Fannie Mae, the country’s largest mortgage financier, reported Thursday it posted a net income of $14.2 billion for the full-year 2019, according to the company’s fourth quarter earnings report. Fannie Mae’s fourth quarter net income came in at $4.4 billion,…

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Freddie Mac 4Q earnings double as low rates boost lending

Freddie Mac, the second-largest mortgage financier in the U.S., said Thursday that its net income in the fourth quarter more than doubled from a year ago as low rates boosted originations. Net income for the quarter was $2.6 billion, compared…

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