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Cover Story

The billion-dollar question facing Carol Galante

The Federal Housing Administration is on the brink of the next big government bailout. Potentially. Yet Commissioner Carol Galante insists there is strength ahead.

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A sign of the times? New Vista Asset Management shifts focus to originations

As the nation's default inventory shrinks, New Vista Asset Management is...
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Tornado damage not easy to quantify

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Foreclosure rates in the greater Miami area remain astonishingly high, but they’re headed in the right direction. In March, 13....

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Labor

SIGTARP: ResCap executives highly paid right before bankruptcy

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Citigroup earnings suffer the costs of legacy assets

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CFPB launches national mortgage servicing rules

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Pulte pushes retirement community just for baby boomers

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Nationstar, Green Tree to acquire billions in BofA MSRs

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Solidifi and Kirchmeyer join forces

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Citi mortgage portfolio loss reserves remain intact

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Living large

by Tom W. Showalter

A person's lifestyle plays into whether they will pay their mortgage after a loan modification.

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May Cover Story

The billion-dollar question facing Carol Galante

The Federal Housing Administration is on the brink of the next big government bailout. Potentially. Yet Commissioner Carol Galante insists there is strength ahead.

Nonprofits — the Cuyahoga Land Bank, NeighborWorks America, Rebuilding Together, the National Association of Hispanic Real Estate Professionals, PCV|VRM Seeds of Hope and many more local organizations — are investing significant resources to improve America’s most vulnerable housing markets.

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Seeking common ground

by Janneke Ratcliffe

It is time to set a clear direction for the future state of mortgage finance. Despite low rates and stabilizing home prices, it is still too hard to get a mortgage to purchase a home.

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