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(Bloomberg) — Mortgage investors are unlikely to see a net supply surge even should interest rates continue to move lower,
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mortgage (mrgj) n. 1. A loan for the purchase of real property, secured by a lien on the property. 2. The document specifying the terms and conditions of the repayment of such a loan. 3. The repayment obligation associated with such a loan: a family who cannot afford their mortgage. 4. The right.
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The National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in August rose 1.3% to a seasonally adjusted annual rate of 5.49 million from 5.
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Law360 (September 19, 2019, 9:12 PM EDT) — Wells Fargo responded sharply to a motion for class certification filed in California federal court alleging the bank denied mortgage aid to more than 900.
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