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Floify’s new platform aims to provide flexible pricing for mortgage lenders

Housing Wire

Digital mortgage automation solution provider Floify launched a mortgage point-of-sale (POS) platform for lenders. Broker Edition is designed to provide an intuitive loan management portal for borrowers while making loan management simpler at an accessible price point.

Mortgage 373
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CRT protects GSEs, taxpayers from unexpected disasters

Housing Wire

After reading the recent report from the Federal Housing Finance Agency on the performance of Fannie Mae and Freddie Mac’ s credit risk transfer programs, anyone unfamiliar with the purposes of CRT might understandably conclude that the GSEs vastly overpaid capital market investors and insurance providers to transfer credit risk off their books.

Insurance 287
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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

With Wise Pelican, you can try both — it’s a fantastic resource for beautifully designed postcards and letters. If you want to think outside the box, consider partnering with an ambitious insurance agent who offers both rent and homeowners insurance. House-hacking is a great way to build wealth and pay down your mortgage.

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Fannie Mae unveils $700M CIRT deal

Housing Wire

Fannie Mae has finalized its ninth Credit Insurance Risk Transfer (CIRT) transaction of the year, transferring some $700 million of mortgage credit risk to private insurers and reinsurers, the agency announced. The deal, CIRT 2022-9, involves a covered loan pool of 69,000 single-family mortgages valued at $21 billion.

Insurance 294
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The Week Ahead: Unraveling the Nation’s Housing Crisis

Appraisal Buzz

He is also a Lecturer at the Harvard Graduate School of Design in the Department of Urban Planning and Design. Department of Labor’s Unemployment Insurance Weekly Claims Report (Thursday) Brookings Institution’s Global Economy and Development “State of the Global Economy: Are the Clouds Clearing at Last?”

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Fannie Mae notches two more CIRT deals  

Housing Wire

Fannie Mae has executed two new Credit Insurance Risk Transfer (CIRT) deals — the seventh and eighth of 2022 — dubbed CIRT 2022-7 and CIRT 2022-8. The two transactions convey a combined $1 billion in mortgage credit risk to private insurers and re-insurers as part of the agency’s ongoing effort to share risk with the private sector.

Insurance 346
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Fannie Mae launches eighth CAS note offering this year

Housing Wire

million note offering backed by a reference pool of single-family mortgages valued at $20.4 This latest CAS transaction, CAS 2022-R08, involves a reference pool of 67,644 single-family mortgage loans. trillion in single-family mortgage loans, measured at the time of the transaction. The offering is slated to close Aug.

Insurance 310