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A source familiar with the issue said NewDay Financial, Nations Lending, LoanDepot.com and Freedom Mortgage were among the companies.
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Alexander proposes a “new accountability system for colleges based upon whether borrowers are actually repaying their student loans.” Great idea! In a similar vein, the annual White House budget.
Rates for home loans slumped, another reminder of the “lower for longer” conditions that have dogged financial markets since the 2008 financial crisis. The 30-year fixed-rate mortgage averaged 4.14%.