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Why Lenders Are Cutting Back on FHA; Volatility Ahead For Rates; Home Sales and Prices Bounce Back

After the housing crisis and faced with a flood of insurance claims, FHA and the Department of Justice responded with enforcement efforts against lenders that had made underwriting mistakes , levying large fines, requiring more indemnification, and bringing claims of fraud under the False Claims Act. Urban Institute (UI) analysts Jim Parrott and Laurie Goodman write that this generated confusion …

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Cenlar Appoints Bob Hora

Central Loan Administration and Reporting (Cenlar) has hired Bob Hora as SVP of Default Operations. Joining the company effective June 17th, 2019, Bob will report to Tony Renzi, Cenlar’s President and COO. The post Cenlar Appoints Bob Hora appeared first on theMReport.com.

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Cenlar Hires SVP of Default Operations

Central Loan Administration and Reporting (Cenlar) has hired Bob Hora as SVP of Default Operations. Joining the company effective June 17th, 2019, Bob will report to Tony Renzi, Cenlar’s President and Chief Operating Officer. The post Cenlar Hires SVP of Default Operations appeared first on DSNews.

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The Week Ahead: A Close Look at Fannie Mae and Freddie Mac

This week, the Senate Committee on Banking, Housing and Urban Affairs will hold a hearing to examine whether Fannie Mae and Freddie Mac should be designated as systematically important financial institutions. Here’s what else is happening in the Week Ahead. The post The Week Ahead: A Close Look at Fannie Mae and Freddie Mac appeared first on DSNews.

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The Week Ahead: Case Shiller Home Price Index to be Released

CoreLogic will release its latest Case Shiller Home Price Index (HPI) on Tuesday, June 25, hoping to improve on March’s increase of 3.7%. March’s increase was a slight dip from February’s 3.9% growth. The HPI’s 20-City Composite posted a 2.7% year-over-year gain, down from 3.0% the previous month. Las Vegas, Nevada, Phoenix, Arizona, and Tampa, … The post The Week …

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