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Bill Bodnar of MMG: What to Share with Clients About the Unbelievability Volatility

This week, Bill Bodnar discusses the impact of slowing global economies, keeping economic expansion alive, the Fed rate cut, and the upcoming jobs report. Read more...

Fitch Ratings Adds Consolidated Analytics to its List of Accepted Third Party Review (TPR) Firms

Consolidated Analytics announced it has been added to Fitch Ratings’ list of accepted TPR firms. Read more...

Economy Reliant on Consumer Spending, Susceptible to Downside Risks

As other parts of the economy begin to exhibit weakness, consumer spending–supported by continued worker compensation growth–remains the primary driver of the current economic expansion, according to the latest commentary from the Fannie Mae Economic and Strategic Research (ESR) Group. Read more...

How Deep Is the GSE ‘Economic Moat’?

When policymakers focus on legislative reform of the two major government-sponsored enterprises (GSEs), a core principle widely espoused is to increase competition, to get away from the Freddie Mac/Fannie Mae duopoly–a view held by more than just Republican officials. So writes Don Layton from the Joint Center for Housing Studies of Harvary University. Read more...

CFPB to Revamp Consumer Complaints Database

The Consumer Financial Protection Bureau has unveiled long-awaited changes to its consumer complaint database. So reports Reuters. Read more...

Homebuyer Demand for Mortgages Rises: MBA

Purchasers of homes do not appear to have been held back by recent weeks’ uptick in interest rates. So reports CNBC, citing a pair of reports from the Mortgage Bankers’ Association. Read more...

Fed Cuts Rates Again By a Quarter Point

The Federal Reserve has cut interest rates for a second straight meeting, amid worries about global economic growth. So reports CNN. Read more...

Bill Bodnar of MMG: Awkward Converations with Clients

Bill Bodnar from the Mortgage Market Guide discusses the Fed rate cut and the awkward conversations those in the mortgage business are likely having with clients these days. Read more...

First Reactions: The Treasury Plan for GSE Reform by Administrative Means

Don Layton, Senior Industry Fellow at the Joint Center for Housing Studies of Harvard University and CEO of Freddie Mac from May 2012 until June 2019, offers his perspectives on the the US Treasury’s much-awaited Housing Reform Plan. Read more...

Three Ways to Correct Boom or Bust Selling Cycles

By Pat Sherlock, Founder QFS Sales Solutions Mortgage origination has always had boom and bust selling cycles. When the good times roll, originators do well. Read more...

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