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Finally adapting to TRID ? Mortgage defects fall for first time in a year
Serious mortgage defects have been on the rise ever since the implementation of TRID in October 2015. Now, finally, they’re on the decline again
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Democrats blast Carson appointment, but industry leaders are more hopeful
Democratic lawmakers have been harshly critical of the nomination of Dr. Ben Carson to head up HUD, citing the retired neurosurgeon’s lack of expertise. But housing industry leaders are taking a more hopeful view
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Greater rental demand shrinking starter home supply
In many markets, it might seem to young, first-time buyers that there are practically no starter homes available for purchase. Well, there’s a reason for that
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Bank of America has nearly paid all $7 billion in consumer relief for toxic mortgages – report
The banking giant has paid almost all of the $7 billion in consumer relief it owes as part of a settlement with state and federal authorities over shoddy mortgage bonds
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Trump Treasury nominee to resign from board
Steve Mnuchin, President-elect Donald Trump’s nominee to head up the Treasury Department, will resign his role on the board of commercial banking company CIT Group
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Oakland fire death toll a symptom of housing crisis, advocates say
A deadly blaze that killed at least 36 people Friday is a symptom of the Bay Area’s larger housing crisis, affordability advocates say
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Trump officially picks Carson as HUD boss
President-elect Donald Trump has officially nominated the controversial Dr. Ben Carson to serve as HUD secretary
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Many Louisiana flood victims still waiting for insurance payments
Many victims of this summer’s Louisiana floods filed insurance claims — but, thanks to federal red tape, are still waiting for the payouts to help them repair their homes
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FHA to increase loan limits for 2017
FHA to increase loan limits for 2017
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Facebook commits $20 million for affordable housing
The social media giant is committing millions to help fund affordable housing initiatives in the Silicon Valley area, where its presence along with other tech titans has sent rents and house prices skyrocketing