TRID is a real obstacle to mortgage process

Fed adopts new rule limiting 'too big to fail' bailouts

New emergency lending policy targets 'broad-based' issues, not specific firms

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

The Ticker

Buy this super-green California home, get a free Tesla

Desperate times call for desperate measures?
Over the years, we’ve seen some creative efforts when it comes to trying to sell a home. About this time last year, the owner of a 16,000-square-foot mansion in Dallas offered up a free 2015 Bentley to the real estate agent or Realtor who secured a buyer for their home – in addition to their normal commission. But a new listing in California takes the automobile sweetener to a higher, and greener, level.
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The missing question in Yellen’s Congress discussion

What is next for national economic policy?
Federal Reserve Chair Janet Yellen achieved the primary goal of any new Fed chief and avoided any obvious land mines. But what was lacking in the dialogue, both from Yellen and the media, was a serious discussion of what’s next for national economic policy.
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Citigroup sued over billions in mortgage debt losses

PIMCO, other investors file lawsuit
Top banks are still dealing with the aftermath of the financial crisis. In the most recent court battle, Pacific Investment Management Co and other investors have sued Citigroup over the bank's alleged failure to properly monitor toxic securities backed by more than $13.8 billion in mortgage loans.
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Consumers make saving a main priority

Could this boost consumer spending?
The latest report from the Commerce Department said that consumer spending is barely increasing since households are taking advantage of rising incomes to boost savings to their highest level in nearly three years.
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Fannie Mae joins e-document revolution

Partners with DocuSign, will offer e-signatures for several documents
Fannie Mae joins the electronic document revolution. The government-sponsored enterprise announced that it is partnering with DocuSign to provide an "easy, fast, and secure way" to execute agreements with Fannie Mae by allowing electronic signatures on several of its documents.
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MBA adds 27 new members in October

Growth of Mortgage Bankers Association continues
The Mortgage Bankers Association announced that it welcomed 27 new members in the month of October, as it continues to push its membership beyond 2,200 organizations. Here are the MBA's new members.
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