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Watt Focuses on Reps/Warrants; 97% GSE Loan Mentioned Only in Passing

by devteam October 21st, 2014

Federal Housing Finance Agency (FHFA) Director Melvin L. Watt focused his remarks to attendees at the Mortgage Bankers Association annual conference on the issue of representation and warranties. He acknowledged that fears of being forced to repurchase

Mortgage Credit: Loose, Tight, or Just Right?

by devteam October 21st, 2014

Earlier this year the Mortgage Bankers Association (MBA) began releasing its Mortgage Credit Availability Index , a measure of how "loose" or "tight" mortgage credit is when compared to the previous month or year. In an article on CoreLogic's Insights

Construction Activity Boosted by Multifamily Sector

by devteam October 18th, 2014

Increases in construction permits, starts, and completions for multifamily housing stand out from an otherwise lackluster batch of construction data issued on Friday by the U.S. Census Bureau and the Department of Housing and Urban Development. Overall

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