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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.

Monday Morning Cup of Coffee: Trump targets CFPB funding for greater control

Is his election slowing down affordable housing? California thinks so
President Donald Trump's budget proposal reportedly includes a big change for the CFPB. We have the details for you. Plus, will the Fed raise rates in March? Here's one way to get a clue. Also, did the Oscars get its first HUD joke? Twitter thinks so. And Trump's election appears to be costing California some much-needed affordable housing.
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Rising Stars entry deadline extended!

Fine, twist our arms…
A favorite saying of ours is “deadlines spur action,” and in the case of our Rising Stars awards program, it’s proving true. Quite a few of you are waiting until the last minute to get your nominations in. We’ve heard from quite a few folks that are feeling the pressure of that impending deadline, and we feel you. We get it. And we’re not monsters around here. We’re here to help.
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Here's the inventory crisis smothering Millennial homebuying

3 factors blocking homeownership
Regardless of whether Millennials want to buy a home or not, there first must be a home available to purchase. In an interview with HousingWire, Daren Blomquist, senior vice president at ATTOM Data Solutions, identified three key factors keeping housing inventory in a drought, barring entrance for aspiring young homeowners.
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Want to be on the cover of HousingWire Magazine? Here's your chance

One Rising Star award winner honored with magazine cover
Have you ever wanted to be on the cover of a magazine? You get to show off to all your friends, family, and colleagues – many of whom will likely come traipsing into your office and begrudgingly ask for your autograph. Have you ever wanted to the envy of the entire housing industry? Well, here’s your chance to do both.
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Guess who just joined the HousingWire free Appraisal webinar?

Hint: He works with the largest mortgage finance entity in the nation
HousingWire is hosting a free webinar next week on the state of the appraisal industry in 2017. We are already getting flooded with questions and, lucky for all of us, Zach Dawson, the director of collateral strategy at Fannie Mae, will join us. Here's how to sign up!
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Monday Morning Cup of Coffee: Was TRID worth it?

Plus a window into the credit invisible
For businesses in the mortgage space, there's some optimism of late thanks to the Trump administration's emphasis on deregulation. And that's understandable. But what about all the time, energy, and money that the industry spent over the last few years dealing with a glut of new regulations? Was it all worth it?
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Fannie Mae CEO: G-fee pricing is in the "right zone"

No one is complaining about the free stuff, either
One of the larger shifts this quarter, although profits remain flat, is earnings from guarantee-fees now outpace portfolio investments. In other words, Fannie Mae is now making more money off of business it is doing rather than business it once did.
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Freddie Mac CEO: 4 ways to turn around the supertanker

This is how to manage $2 trillion in assets
One thing that gets little coverage is how effective Freddie Mac CEO Donald Layton managed his team, which runs $2 trillion in assets. So, it seemed appropriate to find out his formula for retaining top staff and keeping the foot soldiers motivated. Layton puts it down to 4 ways they helped turn around this “supertanker.”
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Unconscious bias in the workplace – what if the experts got it wrong?

An expert tells how to avoid bias, but she could be missing the point
One expert, who spoke at the Mortgage Banker’s Association national mortgage servicing conference and expo in Dallas, pointed out how mortgage professionals can avoid bias in the workplace. However, while she points out interesting facts, could she be looking at it from the wrong angle?
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