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HUD Grants Appraisers a Reprieve

Home appraisers received some relief in the form of a clarification of a requirement issued earlier this year in HUD’s recent updates to FHA’s Single-Family Housing Policy Handbook.

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Apparently, the $10 Billion Threshold is Not So Scary

Per Dodd-Frank, banks that cross the $10 billion asset threshold become subject to increased regulation and supervision. While it seems they have an incentive to stay below the $10 billion mark, there is no systematic evidence they are avoiding it, according to one analysis.

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New Ruling Gives GSE Investors Hope

The sweeping of GSE profits into Treasury has prompted nearly two dozen lawsuits from investors who claim the sweep is illegal. While some courts have ruled against investors in the last few months, they received a favorable ruling this week from the U.S. Court of Federal Claims.

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Twice as Nice: These Homes are Gaining Value Faster

While the debate continues as to how the new president will affect housing after January, the data shows that the ROI on houses in districts controlled by one party is nearly double that of houses in districts controlled by the other party.

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ClosingCorp Launches New Closing Costs Calculator

ClosingCorp has announced the release of SmartCalc, a next generation online closing costs calculator that enables title companies to provide accurate, instant online quotes, actual title and settlement rates and fees, transfer taxes, and recording fees.

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