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mortgage application volume falls 2.5%
the number of mortgage applications filed in the u.s. last week fell 2.5% from the prior week, the mortgage bankers association said wednesday.mortgage insurer united guaranty’s new coveredgesm product now eligible for sale to both freddie mac and fannie mae
united guaranty corporation today announced that it has received notice from freddie mac that mortgage loans originated and closed using coveredgesm-the mortgage insurer’s industry-changing underwriting process designed to significantly curtail mortgage insurance rescissions-are eligible for sale to freddie mac.fhfa eyes investment firms for mortgage portfolio
a federal housing regulator on tuesday suggested government seized housing giants fannie mae and freddie mac could each hire an outside investment firm to manage the $1.4 trillion in mortgage assets they own and financestates may tap mortgage money to fill budget gaps
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