The Lede
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Weekly Mortgage Market Index Down, Purchases Lead
Mortgage Daily, Oct. 15, 2018Weekly mortgage business slowed during the holiday week and was also down from last year. Home purchase financing business took the biggest weekly hit, while refinances suffered least, according to the Mortgage Daily U.S. Mortgage Market Index for the week ending Oct. 12.
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Housing Market Positioned for a Gentler Slowdown Than in 2007
Wall Street Journal, Oct. 13, 2018--Laura Kusisto (subscription)The U.S. housing market is running out of steam, but its slowdown looks nothing like the historic collapse that took down the whole economy in 2007.
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With Market Hot, Landlords Slam the Door on Section 8 Tenants
New York Times, Oct. 12, 2018--Glenn ThrushMany landlords are now refusing to accept vouchers when they can get higher rents, without the bureaucratic red tape, on the open market.
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Sears, the Original Everything Store, Files for Bankruptcy
New York Times, Oct. 15, 2018--Michael CorkerySears, which more than a century ago pioneered the strategy of selling everything to everyone, filed for bankruptcy protection early on Monday.
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Former CFPB Director Facing Nemesis in Ohio Gov Race
Los Angeles Times, Oct. 15, 2018--Jim PuzzangheraFor five years, Richard Cordray headed the Consumer Financial Protection Bureau, the federal agency created after the 2008 financial crisis to protect Americans in the marketplace for credit cards, mortgages, student loans and other products. Now, in a closely fought and increasingly nasty Ohio gubernatorial race, his experience as the bureau's first director forms the foundation of his campaign.
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MBA News
MBA Recognizes 22 New Certified Mortgage Banker Graduates
WASHINGTON, D.C.--MBA Education, the award-winning education division of the Mortgage Bankers Association, recognized 22 individuals who earned the Certified Mortgage Banker (CMB®) designation at a ceremony here at the MBA Annual Convention & Expo in Washington, D.C.
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Tomorrow at #MBAAnnual18
WASHINGTON, D.C.--The Mortgage Bankers Association's Annual Convention & Expo continues tomorrow, Oct. 16, with a full slate of sessions and activities.
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Peter J. Taglia, CMB, Presented with CMB Society’s Rosser Lifetime Achievement Award
WASHINGTON, D.C.--The Certified Mortgage Bankers Society presented Peter J. Taglia, CMB, Senior Vice President of FTN Financial Capital Assets Corp., Memphis, Tenn., with its E. Michael Rosser, CMB, MBA Education Lifetime Achievement Award.
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Peter J. Taglia, CMB, Presented with CMB Society’s Rosser Lifetime Achievement Award
WASHINGTON, D.C.--The Certified Mortgage Bankers Society presented Peter J. Taglia, CMB, Senior Vice President of FTN Financial Capital Assets Corp., Memphis, Tenn., with its E. Michael Rosser, CMB, MBA Education Lifetime Achievement Award.
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Peter J. Taglia, CMB, Presented with CMB Society’s Rosser Lifetime Achievement Award
WASHINGTON, D.C.--The Certified Mortgage Bankers Society presented Peter J. Taglia, CMB, Senior Vice President of FTN Financial Capital Assets Corp., Memphis, Tenn., with its E. Michael Rosser, CMB, MBA Education Lifetime Achievement Award.
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