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Mortgage Rates Stand Pat as Federal Shudown Creates Uncertainty About Economy
Washington Post, Jan. 17, 2019--Kathy OrtonWithout access to the usual economic data because of the federal government shutdown, mortgage lenders are left with a murky picture of where the economy is headed. Their uncertainty has left mortgage rates stuck in place. (MBA mention)
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I Refused a Consent Order. Now Regulators Want My Mortgage License
National Mortgage News, Jan. 17, 2018--John Dilorio (free article)The author, CEO of 1st Alliance Lending in Connecticut, said his company's refusal to comply with a consent order from the Connecticut Department of Banking is causing a regualtory nightmare.
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The Slowing U.S. Housing Market May Have Bottomed
Yahoo! Finance, an. 17, 2019--Amanda FungAfter a months' long slowdown, the U.S. housing market may have bottomed. "We are seeing signs of a rebound," said Neil Dutta, head of economics at Renaissance Macro Research. (MBA mention)
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Say Goodbye to All that Paperwork: Digital Mortgages Have Arrived
Washington Post, Jan. 17, 2019--Brenda RichardsonIf you're a move-up buyer looking to purchase your second home, you might be pleasantly surprised by changes in one aspect of your experience: You can now apply for your mortgage completely online, rather than having to deal with all the onerous paperwork of yesteryear.
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OCC Names New Chief Operating Officer
HousingWire, Jan. 17, 2019--Jessica GuerinThe Office of the Comptroller of the Currency appointed Morris Morgan as senior deputy comptroller and chief operating officer, a role created to enhance the agency's reporting structure.
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Housing Slowdown Creates Opportunities for First-Time Buyers
Orange County Register, Jan. 17, 2019--Jeff LazersonSurely, the home supply spike and diminishing parade of prospective buyers played a big role as the California Housing Finance Agency zero-down, first-time buyer numbers for southern California new homeowners soared.
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Here are the Multifamily Lenders that Dominated 2018
HousingWire, Jan. 17, 2019--Kelsey RamirezMost recent data from the Mortgage Bankers Association showed that commercial and multifamily lending hit record highs in 2017; MBA's latest forecast suggested 2018 would likely be another record year for commercial and multifamily mortgage lending.
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Fannie Mae, Freddie Mac Add New Provisions as Shutdown Persists
National Mortgage News, Jan. 17, 2019--Bonnie Sinnock (subscription)Fannie Mae and Freddie Mac are adding another round of new underwriting requirements and a workaround for employment verification in response to the prolonged government shutdown.
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MBA News

MBA Education Appraisal I: Evaluating Collateral Risk Webinar Jan. 29
MBA Education presents a Webinar, Appraisal I: Evaluating Collateral Risk, on Tuesday, Jan. 29 from 2:00-3:30 p.m. ET.
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