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Readjusting After the Storms: Fed Rates

In their most recent projections, The Fed indicated one more rate hike in 2017. However, the implications of Hurricane Harvey and Irma hitting the U.S. coast could mean a holding back through the end of the year.

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Ellie Mae to Acquire Velocify

Ellie Mae, a cloud-based platform provider for the mortgage finance industry, announced it has signed a definitive agreement to acquire Velocify, a sales acceleration platform.

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McCabe, Weisberg & Conway Expands

McCabe, Weisberg & Conway, P.C., (MWC), a default services law firm representing mortgage lenders, banks, mortgage servicers, and financial institutions, announced that it expanded its “one-firm experience” to Florida, following its merger with Clarfield, Okon & Salomone of West Palm Beach. ...

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Assurant Committed to Harvey Relief Efforts

The devastating aftermath of Hurricane Harvey has Assurant, a risk management solutions company, responding to the extensive homeowner and flood insurance claims from Texas and Louisiana. According to Assurant, the company’s First Response Team is prioritizing claims and inquiries from ...

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Freddie Mac: Unaffordability Everywhere

Affordability is down for both homeowners and single-family rentals, according to data released by Freddie Mac. The GSE also announced measures to help make mortgages more affordable for borrowers with high loan-to-value ratios.

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NOLA Mismanaging HUD Funds

HUD’s Office of Inspector General (OIG) released the results of its audit of the City of New Orleans’ HOME Investment Partnerships program, which reveals that the city failed to protect more than $7.5 million in HOME funds disbursed. The Inspector General's ...

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