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Opinion, commentary, and analysis on everything that makes the U.S. housing economy tick -- not to mention the ghosts in the machine, too. Written by HW's team of editors and reporters each business day.

For consumers seeking credit scores, VantageScores are no substitute for FICO scores

Here’s the truth
[Guest commentary] Consumers today are being bombarded by offers to get their credit score for free. These lead generation websites don’t provide the FICO scores used by nearly all lenders – but some experts say that doesn’t matter. They believe that if you rank high on one score, you’ll rank high on another score and that all these scores move up and down together. This is simply not true, and new research confirms it.
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Are you one of housing's top young leaders? Prove it

Here's your chance to be a Rising Star
Well, it’s that time of year again. HousingWire is proud to announce the fourth annual HousingWire Rising Stars award program, which honors the next generation of leaders in lending, servicing, investments, and real estate. If you, or someone you know belongs on the 2017 edition of Rising Stars, now is the time to prove it.
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Former Ginnie Mae president: An open letter to Dr. Carson

Don’t or overlook or underestimate Ginnie Mae — especially now
[Guest commentary] While political pundits and talking-heads focus on your views on affordable housing and plans for urban renewal, very little has been said about an institution which has become a driver in the American economy—and one which will fall under your oversight shortly: Ginnie Mae. This is certainly not to belittle any of the other matters discussed in your recent testimony before the U.S. Senate. However, I hope you’ll agree that you’re inheriting an important entity of which too little is understood by far too many.
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Monday Morning Cup of Coffee: Airbnb houses refugees impacted by Trump’s ban

Nevada Supreme Court makes game-changing decision about HOA liens
Airbnb made a strong statement in response to Trump’s recent immigration ban. Between a new initiative to give free housing to refugees and its commercial during Super Bowl 51, the company showed its support for affected refugees. And speaking of the Super Bowl and Airbnb, Houston just saw its biggest weekend of the year.
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Stop crediting CFPB Director Richard Cordray for nailing Wells Fargo

Journalists did it
Wells Fargo made national headlines last September after investigations revealed bank employees opened more than 2 million fake accounts to get sales bonuses. Get past the proud press releases from government agencies, and you’ll find that one of the biggest financial scandals to ever be uncovered was exposed by journalists, not Richard Cordray's Consumer Financial Protection Bureau, which so many Democrats in Congress like to give him credit for.
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The battle behind Trump’s Treasury pick centers on robo-signing controversy

The devil is in the mortgage servicing details
The battle surrounding President Donald Trump’s U.S. Treasury Secretary pick Steven Mnuchin is nearing an end as the nomination finally cleared to move before the Senate floor. His process to get there was filled with a lot of roadblocks that date back to his supposed role in the financial crisis. Here’s what exactly was stopping his nomination from moving forward.
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Why isn't Freddie Mac on board with all these rosy outlooks?

Latest housing numbers prove robust, so what gives?
Clearly, the housing market is doing just fine. Read the latest Case-Shiller. Housing pretty much recovered. And Ten-X, too. Home sales increased in January. Don’t forget Black Knight. Home prices are so close to a new peak. So why isn't Freddie Mac on board with all these rosy, housing outlooks?
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The future of TRID hangs in the balance amid Trump regulatory actions

Will the industry ever get the answers it needs on TRID?
A freeze on a final rule of the Consumer Financial Protection Bureau’s Know Before You Owe mortgage disclosure rule, also called TRID, could become an unfortunate side effect of Trump’s executive order on Monday. The last status update the bureau gave the industry was that it would weigh submitted comments and then issue a final rule. But will the industry ever get its much-needed answers to TRID with the new regulatory actions Trump announced?
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Monday Morning Cup of Coffee: Two senators join battle between the CFPB and PHH

Chronos Solutions launches National Title Operations Center
While the landmark case between PHH and the Consumer Financial Protection Bureau awaits a decision on whether the full Court of Appeals will rehear the case, more politicians are publicly voicing their support for the bureau. So what’s the big reason for the added support? The new Trump administration. Meanwhile, Chronos Solutions’ new CEO announcement on Friday isn’t the company's only news.
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Trump’s Mortgage Nation – an inside look at HousingWire’s webinar

Experts answer questions about the future of housing
Will Trump repeal Dodd-Frank? Does Cordray have a future at the CFPB? Is GSE reform on the way? Experts from the housing industry answered these questions and more in HousingWire’s webinar, Trump’s Mortgage Nation. Didn’t have time to watch the whole thing? We have you covered. Here are the cherries from the webinar, plus how to still watch it in full.
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