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Northpointe Bank to shutter its correspondent lending business

Housing Wire

Due to the significant contraction in the overall mortgage industry, we have made the difficult decision to exit the correspondent lending business,” Chuck Williams, president and CEO, said in a statement. Northpointe became an approved seller and servicer for Freddie Mac in 2013, Fannie Mae in 2014 and Ginnie Mae in 2016.

Lending 374
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NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

Sold 4/1/2013 for $998,000. Which is MOST important for building strong appraisal-client relationships? Top earners in the real estate appraisal profession are those who consistently bring in new clients. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.57