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Daily Dose

The Opportunities and Challenges of Blockchain in Mortgage Servicing

Blockchain is creating a lot of buzz—and a lot of confusion. Primarily, this technology offers the capacity to record and monitor transactions in what is called a distributed ledger (a decentralized database). Each block is a record of new transactions ...

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The Week Ahead: Federal Reserve Releases New Beige Book

With a newly installed Fed Chair in the form of Jerome Powell and analysts watching closely to track the impacts of things like tax reform and interest rate policy, all eyes are on the Fed as we approach the next ...

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How Could Import Tariffs Affect Housing?

President Trump caught many by surprise last week by announcing planned tariffs on steel and aluminum, jostling the markets and prompting analysts to weigh in on the prospects of a trade war. But how would the proposed tariffs affect the ...

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California Bill Would Allow More Housing Near Transit Stops

Like many parts of the country, California is facing a crisis of housing availability and affordability. According to the California Department of Housing and Community Development, 97.6 percent of California cities failed to meet their affordable housing goals in 2017. ...

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Tiny Homes Could Help the Homeless

Earlier this year, HUD Secretary Ben Carson announced an award of $2 billion in support of thousands of local housing and service programs across the U.S. This year’s installment of the annual HUD Continuum of Care grants will assist more ...

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Improving FHA Foreclosure Processes

A new brief released by the Urban Institute explores ways to improve Federal Housing Administration (FHA) foreclosure timelines and conveyance processes so as to drive down costs and make things more efficient. The brief is the third in a series ...

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The Best and Worst States for Property Taxes

According to the U.S. Census Bureau, the average American household spends $2,197 on property taxes for their homes each year. That’s no small chunk of change for many households, so property taxes are inevitably a factor when homebuyers are trying ...

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Puerto Rico Receives Mixed Messages From Treasury, FHA

The U.S. Treasury cut a disaster relief loan to Puerto Rico by over 50 percent this week, according to the island’s Gov. Ricardo Rossello. This relief fund of $4.7 billion was provided in October, during the aftermath of Hurricane Maria, ...

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The Housing Market’s Long March to Recovery

Between December 2007 and June 2009, U.S. households lost over $16 trillion in net worth. That’s one of the stark figures that opens CoreLogic’s new special report entitled “Evaluating the Housing Market Since the Great Recession.” The report tracks the ...

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The Industry Pulse: Updates on Black Knight, Old Republic, and More …

Which companies are merging, and what professionals are moving? See some highlights in this update of the housing and mortgage industries. Jacksonville, Florida-based Black Knight Inc.announced today that Rushmore Loan Management Services LLC, a multi-faceted residential mortgage servicer and lender located in ...

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