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The reports are in folks, and here’s what we got this morning: Empire State Manufacturing Survey – estimated to be 13 , actually 15.92 Well after a pretty rough day for mortgage bonds yesterday, we are seeing a little rebound after this morning Jobless Claims. The figure came in higher than expected at 444k. Also had the Retail Sales report this morning, and while it was expected to come in at 0.4%, it actually came in alot below that at [...] Sorry guys… I have been getting a lot of inquiries from Realtors lately asking me how I always manage to avoid the unnecessary delays after the implementation of Regulation Z, so I figure I’d write a quickie on streamlining the processes and getting everyone to closing on time. Couple of things we do differently than other lenders: I always [...] The U.S. Department of Housing and Urban Development’s (HUD) Mortgagee Review Board (MRB) will “exercise restraint in enforcing new regulatory requirements under the Real Estate Settlement Procedures Act (RESPA)” for the first four months of 2010, the agency announced Friday. The MRB instructed its staff to exercise such restraint in considering an action against Federal Housing [...] |
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