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Author Archives: Staff Writer

Millennial Homeownership in Perspective

This complex generation stirs up a lot of talk in the mortgage industry, mostly because they have come to be known as the financially unstable and indecisive, renter generation in the housing market.

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TRID’s Mixed Reviews 6 Months Later

CFPB

Many in the mortgage industry have complained of the complexity of implementing the rule and the difficulty of complying, despite the rule’s goal of making it easier on all parties involved to close a mortgage loan. But do homebuyers share these same sentiments?

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The Week Ahead: The Certain Future of Existing Sales

Although the market may be facing challenges such constrained inventory and home price appreciation outpacing wage growth, existing-home sales have a bright future ahead, according to industry economists. Where will existing-home sales land this week?

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Another Bank Settles False Claims Act Allegations

M&T Bank Corp., agreed to pay the U.S. to resolve claims that it violated the False Claims Act by knowingly originating and underwriting single-family mortgage loans insured by the FHA that did not meet the mortgage insurer's requirements.

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Title Companies Navigate Murky TRID Waters

Lenders and servicers are not the only ones finding themselves wading through the murky waters of regulatory compliance. Recent rule changes germinating in the mortgage industry have shaken up business as usual at title and escrow companies. Editor's note: This select print feature appears in the May 2016 edition of MReport magazine.

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