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Author Archives: Xhevrije West

Xhevrije West is a talented writer and editor based in Dallas, Texas. She has worked for a number of publications including The Syracuse New Times, Dallas Flow Magazine, and Bellwethr Magazine. She completed her Bachelors at Alcorn State University and went on to complete her Masters at Syracuse University.

High Rents Put Would-Be Homebuyers in a Catch-22

Most renters are putting about 30 percent of their monthly income toward their rental payment, which makes saving for a 10 or 20 percent down payment difficult. This conflict forces first-time buyers and millennials to pursue other options when looking to purchase a home, such as help from family or friends.

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OCC to Test Banks for TRID Compliance

The OCC provided guidance on what to expect in their forthcoming TRID compliance exams directed to “chief executive officers and compliance officers of national banks and federal savings associations, federal branches and agencies, department and division heads, all examining personnel, and other interested parties.”

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Fannie Mae, Freddie Mac Q3 Earnings Reports Fuel Bailout Speculation

The GSEs have been under FHFA conservatorship since September 2008, at which time they needed a combined bailout of $187.5 billion from taxpayers in order to stay afloat and "preserve and conserve their assets and property and restore them to a sound financial condition so they can continue to fulfill their statutory mission of promoting liquidity and efficiency in the nation's housing finance markets," according to FHFA's website.

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VRM Mortgage Services Awards Grant to U.S. Air Force Veteran

VRM Mortgage Services (VRM), an outsourcing solutions provider for residential and commercial assets, recently announced that it has awarded a $10,000 grant to U.S. Air Force veteran Darryl Lal through the Asian Real Estate Association of America’s (AREAA) Education Foundation.

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