Watchdog Releases Scathing Report on Fannie, Freddie Putback Plan

Watchdog Releases Scathing Report on Fannie, Freddie Putback Plan
by KATE BERRY
Banks and mortgage lenders may have received too much relief from loan buybacks, putting taxpayers at greater risk for losses, according to a Federal Housing Finance Agency inspector general’s report.
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PRIA Elects Officers, Directors (from ALTA’s Title News Online)

PRIA Elects Officers, Directors
During its Annual Conference in Long Beach, Calif., the Property Records Industry Association (PRIA) elected six directors in three categories for two-year terms on the Board of Directors. ALTA’s Kelly Romeo was re-elected in the business category and begins her fifth two-year term as a board member.

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Should Mortgage Technology and Data be Universally Shared?

Should Mortgage Technology and Data be Universally Shared?
HousingWire | September 15, 2014
The Renaissaince Hotel in Washington, D.C. is currently hosting the Bipartisan Policy Center 2014 Housing Summit and the ongoing reform of the mortgage finance industry is on the tip of everyone’s tongue.

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Compliance Has Made Foreclosure Process Complicated, Experts Say

Compliance Has Made Foreclosure Process Complicated, Experts Say
DS News | September 16, 2014
One resounding theme of the Foreclosure Lab at the Five Star Conference on Monday was clear – throwing compliance into the equation has made the foreclosure process way more complicated than it used to be because the industry is so much more regulated than it was as recently as five years ago before the passage of the Dodd-Frank Act.

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U.S. Foreclosure Activity Flies Up In August

U.S. Foreclosure Activity Flies Up In August
on 11 Sep 2014 by MortgageOrb.com email print
Foreclosure filings for the month of August were down 9% from a year ago – the smallest decrease in the last 47 consecutive months of year-over-year declines in U.S. foreclosure activity, according to RealtyTrac. The company’s U.S. Foreclosure Market Report for August shows foreclosure filings (default notices, scheduled auctions and [read more]

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Everyone Agrees There Must Be Housing Finance Reform

Everyone Agrees There Must Be Housing Finance Reform
HousingWire | September 15, 2014
Housing finance reform is a nut that still can’t be cracked because of a lack of consensus among those involved, but most agree the status quo can’t continue.

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Housing and Mortgage Financing are Not Ready for Demographic Shift

Housing and Mortgage Financing are Not Ready for Demographic Shift
HousingWire | September 15, 2014
The housing industry and the mortgage finance industry are not ready for the great demographic shift that is coming as boomers age and a more ethnically diverse block of millennials and post-millennials come of age.

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