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  • HomeStreet Bank moves to sell off almost entire mortgage business

    After struggling to keep up with the mortgage business’ new reality of lower refinance originations due to higher mortgage interest rates, HomeStreet Bank is plotting a mass exodus from the mortgage business. The bank announced Friday that it is planning to sell off its entire retail mortgage operation, which includes 72 home loan centers in five states.

Items Tagged with 'most competative'

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  • And the most competitive housing market in March is…

    Redfin study names top 5
    Redfin’s recent study not only showed that the housing market is gearing up for a hot spring home-buying market, but also which markets are the most competitive. In some markets, homes are selling in just over a week, while in others nearly 70% of homes are selling above asking price. As the industry gears up for one of the busiest times of the year, here are the five most competitive markets.
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