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Large brokerage stores have already signed the addendum

United Wholesale Mortgage reported that some major brokerage firms across the country have signed the UWM all-inclusive addendum representing over 90% of brokerage firms that will no longer work with Rocket Mortgage and Fairway Independent Mortgage Corporation, exactly one week after the Live ad on Facebook. All-In addendum says after …

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Bet on finance? Increase your leverage with the FAS ETF

With the first quarter of 2021 on the books, the financial data looks powerful. Sophisticated traders can use funds like the Direxion Daily Financial Bull 3X ETF (FAS) to play momentum in the short term. One of the earnings catalysts has been rising yields, which could help fuel consumer credit …

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Finance of America strengthens its management team

IRVING, Texas – (BUSINESS WIRE) –Finance of America Companies Inc. (NYSE: FOA) (“Finance of America” ​​or “the Company”), an end-to-end lending and services platform, today announced the appointment of Johan Gericke as Executive Vice President, Chief Financial Officer. Mr. Gericke will oversee all aspects of the Company’s financial responsibilities, including …

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What is a loan?

What is a loan?

A loan takes place when a lender, such as a traditional bank or an online lender, grants a fixed amount of money to a borrower. In return, the borrower agrees to repay the loan at a specified interest rate over a specified loan term. Whether you are considering a small …

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US Secretary of Education cancels $ 1 billion in student loans

Thursday, the US Department of Education ad his new plan to help reduce the debt of those who borrowed federal money to pay off student loans. Under a new streamlining process, borrowers who have approved claims confirming that their college or institution has defrauded them or engaged in financial misconduct …

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COVID-19 loans, lack of publicity and risk of fraud

Neil williams Financial crime expert Rahman Ravelli is concerned about the risk of fraud involving coronavirus loan programs. To say that the government has left the taxpayer vulnerable to the theft of millions of pounds is a heavy accusation to make. But this is the charge that has been leveled …

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