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Daily Dose

Government Passes the Baton to Servicers

The U.S. Department of the Treasury, HUD, and FHFA released a white paper designed to guide future loss mitigation and reflect on the lessons learned from the implementation of these housing recovery programs.

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Economists Doubt Fed Will Act Before Election

Fed policymakers had originally forecasted four rate hikes for 2016 at the start of the year following December’s historic liftoff. Now economists believe if a rate hike occurs at all, it will not be until after the election.

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