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Daily Dose

GSE Reform Impact on Communities

For 2018-2020, Freddie Mac and Fannie Mae have set a goal of 24 percent for the amount of mortgages they must purchase from low-income borrowers, defined as those earning less than 80 percent of the median income for a given ...

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More Communities Banning Plywood on Zombie Homes

Abandoned “zombie homes” are a problem in many communities, driving down property values, attracting crime, and often creating safety risks such as fire hazards. Communities battle zombie homes and related urban blight in a variety of ways, ranging from fast-track ...

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How Cryptocurrency Can Help Fund Affordable Housing

Digital

Communities across the nation are struggling to provide enough affordable housing for their residents, high home prices and low inventory ensuring strongly competitive markets in many corners of the U.S. According to the California Department of Housing and Community Development ...

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Which U.S. Cities are Embracing Reverse Mortgages?

California cities dominate the top 10 U.S. cities where reverse mortgages are most often used, according to a new study by LendingTree. California cities accounted for four of the top 10 slots in LendingTree’s report, but none of them managed ...

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Texas Communities to Receive $1 Billion from FEMA

flooding

Texas coastal communities are still rebuilding after the impact of Hurricane Harvey last year. But in addition to rebuilding what was damaged or destroyed, the affected communities must also look to the future and prepare for future storms. FEMA is ...

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CoreLogic Announces New Addition to Government Affairs Team

CoreLogic, a global property information, analytics and data-enabled solutions provider, recently announced that Pete Carroll has joined the CoreLogic Government Affairs team as Executive, Public Policy & Industry Relations. Carroll brings housing finance and policy experience to the company and ...

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Ellie Mae Announces New Executive Leadership

The former VP of Human Resources for Walmart US eCommerce and Walmart Labs, Carina Cortez, joins the California-based technology company, Ellie Mae, as EVP of Human Resources. In her new role, Cortez will be responsible for leading the Ellie Mae’s ...

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Blend to Further Digital Mortgage Process With Fannie Mae

Digital

Blend, a California-based technology company created to drive the consumer lending industry into the digital age, recently announced it’s the first end-to-end platform will be approved to provide asset verification reports for the Desktop Underwriter (DU) validation service, a component ...

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The Week Ahead: An Update on Delinquency Levels

On Tuesday morning, TransUnion is set to release its Q4 2017 Insights report—which provides analysis of the consumer credit market including home loans. The study is scheduled to reveal the most significant factors that are impacting the economy and housing market. In ...

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