HW Magazine

August 2012
Straight up: The vindication of Carrington Mortgage Services

HousingWire talks one-on-one with Carrington Mortgage Services CEO Bruce Rose. Rose never apologizes, never backs down and has come out on top, nearly each and every time.

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Features

Investors retaliate against plan to seize mortgages
by Justin T. Hilley

A proposal to use eminent domain to seize mortgages in foreclosure-ridden San Bernardino County is drawing fire from investors. The swift and forceful verbal retaliation from  trade groups reflects their proliferating concern that the idea is gaining momentum.

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REO Expo redux
by HousingWire editors

A look back at the highlights from HousingWire's third annual REO Expo.

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Commentary

The new world order for banks and CRAs
by Christopher Whalen

The Dodd-Frank Act, with respect to ratings, has gone into effect. What will this mean for banks? Will community/regional banks suffer under the weight of this rule? In both cases the answer will have grave implications for both bank profitability and the housing market.

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CA Homeowner Bill of Rights ignores logic
by Christopher Thornberg

While some of the California Homeowner Bill of Rights provisions are reasonable, given the recent problems resulting from an unprecedented wave of foreclosures in the state, many others will needlessly interfere with a process that has mostly worked as intended.

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