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Here's one Fannie Mae bull's take on how the GSEs can exit conservatorship

And what happens to the stock after that
In the weeks since Steve Mnuchin sent shockwaves through the housing industry by stating that the Trump administration planned to end the conservatorship of Fannie Mae and Freddie Mac, reactions varied on whether that can actually be done and how expensive it might be. Here's an interesting take from an interested party on how the GSEs might actually exit conservatorship and what that would mean to the GSE stockholders who've waited quite a few years for a resolution.
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SoFi officially licensed to lend in New York

State estimated to be future No. 2 market for SoFi
After roughly a year to get finalized, SoFi officially received its license to lend in New York, which is one of the most difficult states to acquire a license in, Michael Tannenbaum, SoFi’s chief revenue officer, said in an interview. And now with New York under it's belt, Tannenbaum touches on a strong mortgage future ahead for SoFi.
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Ellie Mae names PwC premier consulting partner

Part of Ellie Mae’s Pro consulting partner program
PricewaterhouseCoopers joined Ellie Mae’s Pro consulting partner program as a Premier Partner. The premier level is offered by invitation only, with PwC being Ellie Mae’s first Premier Partner in the program. This is what the two companies hope to achieve though their partnership.
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Clayton Homes announces launch of new home delivery division

Held ribbon-cutting ceremony Dec. 8
Clayton Homes, a Berkshire Hathaway company, opened a new division of its company and will now be transporting its own manufactured houses. It announced it will use the new division to take more control over its homes on the road. Here’s more on the new division, and the training the new drivers will receive.
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Capital Economics: Trump’s wall will constrain housing starts

Constrain, but not derail
President-elect Donald Trump’s plan to build a wall between the U.S. and Mexico could create more competition in an already tight labor force. The construction labor market could see even more tightening, and constrain housing starts over the next couple years if Congress approves funding for the wall.
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Movement Mortgage CEO: Steven Mnuchin was not a "foreclosure king"

Makes a nice soundbite, but simply isn’t true
Senate Democrats dubbed Trump’s nominee to lead the Department of the Treasury, Steven Mnuchin, the "foreclosure king." However, Movement Mortgage CEO Casey Crawford says while this makes a nice soundbite, it simply isn’t true. Given that everyone is focusing on Mnuchin’s participation in the foreclosure crisis, Crawford penned a blog for The Hill to try and put an end to everyone calling Mnuchin the “foreclosure king” and instead give him the credit he deserves.
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Contaminated military housing could be causing leukemia

At least 11 near Laurel Bay military housing diagnosed
Contamination under a military base in South Carolina lead some military moms to believe it could be the cause for their children’s cancer. At least 11 families near the base have children battling leukemia, but are the military’s efforts to fix it too little too late?
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Moody’s reaches $864 million settlement over RMBS credit ratings

Settlement dates back to financial crisis
Moody’s Corp. agreed to pay nearly $864 million to settle claims for its role providing credit ratings for Residential Mortgage-Backed Securities and Collateralized Debt Obligations that contributed to the financial crisis. "Moody’s failed to adhere to its own credit rating standards and fell short on its pledge of transparency in the run-up to the Great Recession," said Principal Deputy Associate Attorney General Bill Baer. 
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Here’s the U.S. Treasury’s advice on how to level the mortgage playing field

Three-part blog series
Right as Washington is about to switch over to a Republican leader after eight years with Pres. Obama at the helm of the nation, the U.S. Treasury communicated its parting thoughts on reforming the housing finance system. Here’s the final piece of a three-part series from the Treasury, this time focusing on an equal playing field for lenders.
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