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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.

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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Monday Morning Cup of Coffee: An "inside" look at Gary Cohn's role in Trump administration

New York papers run competing profiles of former Goldman Sachs exec
Two of New York's biggest newspapers happened to publish competing (and somewhat similar) articles over the weekend that delve into the growing role within the Trump administration of Gary Cohn, the White House National Economic Council Director and a former top executive at Goldman Sachs. So what is Cohn's role? The Wall Street Journal and the New York Times are happy to tell you more.
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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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