Mortgage Rates Hover Near Lowest Levels for the Year

Mortgage Rates Hover Near Lowest Levels for the Year
The Washington Post | July 24, 2014
The 30-year fixed-rate average was unchanged from the previous week at 4.13 percent with an average 0.6 point, according to Freddie Mac. It was 4.31 percent a year ago.

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Holmes County, Ohio, Begins E-recording with Simplifile

Holmes County, Ohio, Begins E-recording with Simplifile

Ohio has expanded electronic recording of documents in Holmes County,

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Delaware Now E-recording Statewide with Simplifile

Delaware Now E-recording Statewide with Simplifile

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Nonbank Mortgage Lenders Livid Over FHFA Watchdog Report

Nonbank Mortgage Lenders Livid Over FHFA Watchdog Report
by KATE BERRY
Independent mortgage lenders are concerned that regulators will use the report as an excuse to raise minimum net worth requirements for smaller lenders.
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‘Bring It On,’ Frank Tells Dodd-Frank Critics at Hearing

‘Bring It On,’ Frank Tells Dodd-Frank Critics at Hearing
Bloomberg | July 23, 2014
It was 2010 all over again in the U.S. House Financial Services Committee. Barney Frank, the panel’s former chairman, returned to Washington today to sit before the committee and provide a feisty defense of that year’s regulatory overhaul, the Dodd-Frank Act that bears his name. The hearing split along partisan lines in support of and opposition to the wide-ranging law passed in response to the 2008 financial crisis.

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U.S. Housing Turning the Corner, Inflation Creeping Up

U.S. Housing Turning the Corner, Inflation Creeping Up
Reuters | July 22, 2014
U.S. home resales hit an eight month-high in June, suggesting the housing market was gradually regaining momentum and would help the economy to stay on a higher growth path this year.

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CFPB, FTC File Nine Lawsuits Against Deceptive Foreclosure Firms

CFPB, FTC File Nine Lawsuits Against Deceptive Foreclosure Firms
HousingWire | July 23, 2014
The Consumer Financial Protection Bureau, the Federal Trade Commission and 15 states are filings 9 lawsuits against companies and individuals that collected more than $25 million in illegal advance fees with false promises to prevent foreclosures. The CFPB is filing 3 lawsuits, while the FTC is filing 6 lawsuits.

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