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Mark Paul Cervantes
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27 June: TSB Joins Throng Of Lenders Hiking Cost Of Borrowing HSBC is increasing the cost of its fixed rate mortgages from tomorrow (28 June), following Santander, Virgin Money and TSB, writes Jo Thornhill. A spokesperson […]
What Is Happening in the Housing Market?
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Mark Paul Cervantes
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Mortgage rates are now hovering around 7 percent — the highest they’ve been since 2007 — thanks to the Federal Reserve’s efforts to tame inflation. Central bankers have lifted their official policy rate to about […]
CFPB bans RMK Financial Corporation from mortgage lending industry
February 27, 2023
Mark Paul Cervantes
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RMK Financial Corporation, which does business as Majestic Home Loans, has been permanently banned by the Consumer Financial Protection Bureau (CFPB) from the mortgage lending industry following a series of repeat offenses — which occurred […]