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Author Archives: Colin Robins

Colin Robins is the online editor for DSNews.com. He holds a Bachelor of Arts from Texas A&M University and a Master of Arts from the University of Texas, Dallas. Additionally, he contributes to the MReport, DS News' sister site.

SIGTARP Charges Wisconsin Man with Wire Fraud

Christy Romero, Special Inspector General for the Trouble Asset Relief Program (SIGTARP), announced Tuesday in a press release that David Weimert, of Madison, Wisconsin, has been charged with six counts of wire fraud involving a real estate development transaction.

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Florida’s Consumer Sentiment Sits Tight

A new report released Tuesday by the Wells Fargo Economics Group noted that consumer sentiment in Florida remained at 78 for the second straight month. Although consumers in the nation as a whole lost some confidence in February, the Florida Consumer Sentiment Index showed citizens of the Sunshine State remained steady.

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More Local Markets Experiencing Full Recovery

Homes.com has released its December Local Market Index, a price performance summary of repeat sales of U.S. properties. The index notes year-over-year gains for single-family properties in all 300 top U.S markets for the ninth consecutive month. The total markets that are considered "fully recovered" have increased to 89, up from the previous month’s 87.

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Freddie Mac Reports Mortgage Portfolio Decrease

Freddie Mac released its Monthly Volume Summary for January, 2014, noting their total mortgage portfolio decreased at an annualized rate of 1.9 percent in January. Despite a slight uptick in December, 2013, Freddie Mac’s ending balance has been declining since June, 2013.

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Liquid Logics Welcomes New VP

Liquid Logics, the developer of the industry’s first cloud-based loan origination system (LOS), announced Monday the company has promoted Peter Kallodaychsak, a 15-year veteran of the mortgage technology industry, to VP of Business Development.

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New White Paper Announced to Enhance Call Centers

TeleVoice, a provider of customized telephony applications, announced Monday the updated release of its whiter paper on enhancing call center efficiency. The white paper details how customer satisfaction can be improved by utilizing Computer Telephony Integration (CTI)-enabled Screen Pop technology.

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Black Knight’s Home Price Index Shows Increase

The Data & Analytics division of Black Knight Financial Services released on Monday its latest Home Price Index (HPI), noting an increase of .1 percent in home prices to $232,000 for the month of December. The figure represents the price of non-distressed sales by taking into account price discounts for real estate owned (REO) and short sales.

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CFPB Orders Payout for RESPA Violations

HELOC

The Consumer Financial Protection Bureau (CFPB) ordered 1st Alliance Lending, LLC (First Alliance) to pay an $83,000 civil money penalty for violating federal law. The company illegally split real estate settlement fees, leading to the CFPB ordered payout. First Reliance self-reported the violations to the Bureau, admitted liability, and provided information related to other actors that helped facilitate other investigations.

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United Wholesale Mortgage Goes Mobile

United Wholesale Mortgage (UWM) announced Friday it has developed and launched a mobile application for its broker community. The application gives brokers "robust functionality and easy access to loan information while in the field," the release said.

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Fannie Mae Mortgage Yields Rise

Fannie Mae released its weekly yield for February 17, through February, 21. For 15-year, fixed-rate mortgages, the current market yield is noted was 2.970, up from the previous weeks figure of 2.870. The 15-year mortgage has increased from 2.310 a year ago. The Fannie Mae release comments that all yields are quoted on a net basis, and servicing fees are not included.

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