United Wholesale Mortgage plans $16B public debut via acquisition United Wholesale Mortgage, the largest wholesale lending firm in the country, is joining the blank-check company craze and will make its public debut via an acquisition.
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Ginnie Mae will ban LIBOR-based mortgages Ginnie Mae said it will stop securitizing adjustable-rate mortgages benchmarked to the London Interbank Offer Rate, or LIBOR, in January.
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