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Programs and Tactics to Help You Afford to Buy a Home, June 25, 2019--Natalie Campisi"The lack of affordable housing is presenting significant challenges to families across the country. We need to explore how the lending community can better partner with public, private, and non-profit stakeholders to ensure more Americans have access to homes they can afford," said Robert D. Broeksmit, MBA President.
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Push to Overhaul Fannie, Freddie Nudges Up Mortgage Costs
Wall Street Journal, June 25, 2019--Andrew Ackerman, Ben Eisen (subscription)Investor anxiety about a Trump administration push to overhaul housing finance is showing up in prices in the market for mortgage-backed securities.
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Fed’s Powell: Trade Uncertainty, Global Growth Worries Could Prompt Rate Cuts
Wall Street Journal, June 25, 2019--Nick Timiraos (subscription)Federal Reserve officials are debating whether uncertainty over the Trump administration's trade policy will cause the economy to slow and warrant rate cuts later this year, Fed Chairman Jerome Powell said Tuesday.
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New Studies Track Generation Z’s Views on Homeownership
National Mortgage Professional, June 25, 2019--Phil HallThe newest entrants into the homeownership arena is the Generation Z demographic of 18- to 24-year-olds, and a pair of new data studies offer insight into how this sector views the American Dream.
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Lawmakers Spar over Whether Fannie, Freddie are SIFIs
National Mortgage News, June 25, 2019--Hannah Lang (subscription)While lawmakers on both sides of the aisle agreed Tuesday that Fannie Mae and Freddie Mac are "too big to fail," they debated whether the two government-sponsored enterprises should be formally labeled as systemically important financial institutions.
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Real Estate Appraiser Wins Invasion of Privacy Lawsuit Against CoesterVMS
HousingWire, June 25, 2019--Jessica GuerinIt's been a rough couple of months for Brian Coester, and it doesn't seem like things are turning around just yet. The owner of the now defunct CoesterVMS, once one of the largest AMCs in the country, just lost a legal battle with an appraiser who sued Coester for hacking into his email, and now Coester will likely be forced to cough up damages.
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