CFPB analyst cites 'profound' mortgage servicer community impact

FHFA reaches $280 million RMBS settlement with Barclays

RMBS settlement total now exceeds $16 billion

Whalen: Nonbanks are taking over mortgage originations

Regulators "get in the way"
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The Ticker

SEC charges jailed broker with fraud in real estate scam

April 24, 2014

Vitale allegedly told his investors that their funds were “100% protected” when they were not, and he claimed to be a financial expert with a business degree from Notre Dame. In fact, he never attended college after graduating from Notre Dame High School in West Haven, Conn.


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Small funds outperform large funds by 156%

April 24, 2014
According to data from Preqin, funds of less than $500 million in size that began investing between 2005 and 2011 posted median returns of 5.9%. That’s more than double the 2.3% return for funds over $1 billion.
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Old Republic posts quarterly earnings

April 24, 2014
Old Republic's earnings for the first quarter 2014 were boosted by moderately improved performance in general insurance and by the continuation of a strong turnaround in the run-off mortgage guaranty line.
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HomeStar Property Solutions officially opens Texas office

Will keep growing operations
April 23, 2014
"It's an important next step for HomeStar," said Bradley Trapnell, senior vice president of business development for HomeStar, who helped establish the Dallas location. "There are many incentives to having an office in Dallas; being close to mortgage servicing and investor clients, and having access to a tremendous base of industry talent was chief among them."
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WSJ's Lewis: Fed's corrupt policies cost savers hundreds of billions

April 23, 2014
Al Lewis doesn’t mince words over at MarketWatch, charging that the Federal Reserve’s zero interest rate policy is costing savers hundreds of billions, and the trade off in helping provide a safety net for real estate and banks isn’t worth it.
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Sen. Warren publishes "A Fighting Chance"

Will this leave her sitting pretty, or judged as sitting bull?
April 22, 2014
The U.S. senator who helped birth the Consumer Financial Protection Bureau, who raised $43 million to run for senate while decrying money in elections, who allegedly practiced law without a license in Boston, and who many on the right nicknamed “Faux-cahontas” has written a book.
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3 ways Canada beats the U.S. leaves out 1 huge factor

April 22, 2014
Canada officially outpaced America’s middle class and is now home to the richest middle class on the planet. But one key metric was left out of the report: housing.
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Citi CEO to get $17.6M compensation for 2013

Shareholder vote one week after worst quarter ever
April 22, 2014
A week after the worst quarter Citi has seen in memory, shareholders voted to compensate CEO Mike Corbat with $17.6 million for his performance in 2013.
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Altisource stock yo-yo's after Lawsky’s callout

April 21, 2014
Altisource’s stock bounced all over the map after news of New York State’s Department of Financial Services Superintendent Benjamin Lawsky's letter broke on HousingWire.
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Trulia announces partnership with My Florida Regional MLS

April 21, 2014
The partnership with My Florida Regional MLS is part of Trulia’s Data Connect program, which enables MLSs to sign direct data licenses with Trulia and support brokers’ efforts to market their listings and brands on Trulia.
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