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Redfin gets into the mortgage business – According to Redfin, the company will start originating loans in the first half of 2017 in a select number of markets. Initially, Redfin Mortgage will operate only in Texas, in the Austin, Dallas,

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Ditech says its reverse mortgage business is unprofitable – But the company has continued to service reverse. In regard to its reverse mortgage business, Ditech said RMS currently maintains operations centers in Houston, but that it reduced its headcount by.

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