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Daily Dose

AMDC Announces New Leadership

The American Mortgage Diversity Council recently announced co-chair Kathy Cummings to their leadership to continue AMDC’s mission of creating a diverse and inclusive mortgage industry.

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Corralling the Collateral Chaos

Despite the risks that come along with document management, it rarely gets the attention it deserves. In what ways can lenders ensure they aren’t neglecting this integral part of the process?

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Adjusting to Economic Imbalances

As the economic cycle matures, it will become more important to pay attention to imbalances in the economy. We spoke to one expert on what to expect when the supply isn’t meeting demands.

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House-buying Power Up—But Not for Long

Real house prices—which account for “house-buying power” and affordability—dropped 1.3 percent in June, but are still up nearly 10 percent since this time last year. What will the rest of the year look like for the market?

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Update: Hurricane Harvey and Flood Insurance

Hurricane Harvey has been hovering over southeast Texas, dropping record amounts of rain on Houston and the surrounding area. A new report shows that there are a number of properties in risk of flooding that are outside the Special Flood Hazard Areas, meaning flood insurance isn’t a requirement for those with federally insured mortgages.

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Attention All HELOC Issuers: Please Report to CFPB

The CFPB announced Thursday that the Home Mortgage Disclosure Act (HMDA), enacted in 1975, has been temporarily changed for banks and credit unions that offer Home Equity Lines of Credit. Take a look at some of the changes that were made in the final ruling.

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Same Story, Different Stats

While “girls rule the world” may be a popular battle cry, the chasm continues. And the newest rift is affecting single women, who amass less home equity than single men, a new study finds. So just how much are women losing out?

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Then, Now, and Later

According to Fed Chair Janet Yellen, today's financial system is a safer one thanks, in large part, to the Great Recession—as well as the reforms that followed it. Read on to see Yellen's full remarks.

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