How should brokers and LOs be preparing for a busier market?
Activity is projected to pick up as rates continue falling
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FHA to allow release of partial claims after some foreclosures
The interim procedure applies to nonjudicial foreclosure sales and is aimed to help avert "immediate adverse financial and market impacts" when surplus funds are not available.
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NewDay USA hit with $2.25 million fine for deceiving military borrowers
It is penalized for baiting veterans into costly refinance deals
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