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Journal

Goldman Sachs Mortgage Relief Settlement Actions Near $1B

Goldman Sachs is approaching the billion-dollar mark for mandated consumer-relief actions stemming from two mortgage-related settlement agreements with the U.S. Department of Justice and three states. Professor Eric D. Green, who serves as independent Monitor for the company’s consumer-relief agreements, ...

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Mulvaney: CFPB to Enforce, ‘Not Become the Law’

CFPB

Speaking at an industry conference this week, Mick Mulvaney, Acting Director of the Consumer Financial Protection Bureau, outlined the bureau’s ongoing shift away from “regulation by enforcement” and toward more regulatory clarity. During a keynote speech at the 2018 REALTORS ...

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What’s Happening With Single-Family Rentals?

non-owner-occupied

Single-family rents have been climbing steadily since 2010, but the latest edition of the CoreLogic Single-Family Rental Index (SFRI) also shows year-over-year (YOY) rent growth also continuing to decelerate in February 2018. That slow deceleration has been the norm since ...

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Michael R. Bright Nominated to Head Ginnie Mae

On Tuesday, the Trump administration announced that it was nominating Michael R. Bright as President of the Government National Mortgage Association, otherwise known as Ginnie Mae. If confirmed, Bright would be the agency’s first permanent head since Ted Tozer stepped ...

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Remodeling Survey Shines Light on Homeowner Sentiment

Discovering why homeowners choose to remodel can reveal unexpected insights into attitudes and expectations about the current housing market. According to the latest Remodeling Market Index (RMI), released quarterly by the National Association of Home Builders, the number of homeowners ...

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The Most Affordable College Town Is …

Whether consumers are hunting for their perfect house or just trying to find a place to rent, affordability is a key factor in determining if it’s time to settle down or move elsewhere. With so many students burdened by crippling ...

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HUD Calls for Public Comment on ‘Disparate Impact’

HUD has announced it will be seeking public comment on whether its 2013 Disparate Impact Regulation is consistent with a more recent 2015 Supreme Court ruling that clarifies liability as it pertains to disparate impact claims. "HUD remains committed to ...

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NYC Property Investment Revisited

At the height of the financial crisis in 2008, there were some people who bought or invested in condos in New York City, believing those investments would pay off in the long run. It turns out, they were right, according ...

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