REwired

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Open commentary on everything impacting the U.S. housing economy. The opinions expressed here represent the author's alone.

Beyond the digital POS: Time to focus on the underwriter

2017 will go down as the year of the customer experience
If 2016 was the year of compliance, then 2017 will go down as the year of the customer experience. Lost in all of the excitement, however, is the disconnect between the digital consumer experience and the cobbled together, often manual processes, that make up the back-end of the mortgage process.
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Dear St. Mick: My Holiday wishlist for the CFPB’s new director

3 big-ticket items
[Op-ed] Well, as I was perusing the “Dear Santa” wish lists of my young nephews, I felt inspired to write up a wishlist to St. Mick (the CFPB’s newly-appointed Acting Director, Mick Mulvaney). I’m hoping that somehow, by some holiday magic, someone at the CFPB will see it and consider some changes that would certainly brighten the new year for our industry.
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Countdown: The top 10 HousingWire stories of the year (9,10)

Here’s what our readers were most interested in
As we count down the days until Christmas and the new year, HousingWire is beginning to look at our year in review. Here are some of the most popular articles of the year; some of them might surprise you – I know they surprised me! While others are more obvious.
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Trump tax reform sets markets up for Santa Rally

Passage expected this week
While the corporate tax cuts will lead to Fannie Mae and Freddie Mac needing some temporary monetary support from the Treasury, there isn’t much downside investors can see to the tax reform. Both the Dow and S&P are up in this morning’s trading.
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Monday Morning Cup of Coffee: Republican committee passes tax reform

Look to pass bill to president before Christmas
It's the last week before Christmas! That means everyone is busy wrapping up the year and getting ready for the Holidays and 2018. Friday night, the Republican committee assigned to negotiate the bill, which strikes several compromises between the previous House and Senate legislations, including a compromise on the mortgage interest deduction.
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Part 2: Everything you need to know about entering the mortgage finance market

Post Dodd-Frank overview of regulated residential mortgage lending
An increasing number of nonbank financial participants are considering an entry or reentry into the mortgage finance market as the financial crisis, which commenced a decade ago, starts to recede from view. As more companies continue to consider entering mortgage finance, here’s everything they need to know about the market, and the regulators that govern it.
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David Stevens: Here's the MBA view on GSE reform

What to do about Fannie, Freddie, and even Ginnie
[Expert commentary] In an exclusive guest post, Mortgage Bankers Association President and CEO David Stevens presents the MBA's view on the "right" reform plan for Fannie Mae, Freddie Mac, and Ginnie Mae. How much should the government be involved in the mortgage market? Stevens presents the MBA case.
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Is the next leader of the MBA likely to be female?

Here's what's NEXT
Here’s a thought bubble: Considering Spencer Stuart recently released a white paper vaunting the importance of female leadership, will we get to see a female at the head of our most important trade group? Considering the title — Solving the Disappearing Women Problem — the answer seems like a “yes."
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Part 1: Everything you need to know about entering the mortgage finance market

Post Dodd-Frank overview of regulated residential mortgage lending
An increasing number of nonbank financial participants are considering an entry or reentry into the mortgage finance market as the financial crisis, which commenced a decade ago, starts to recede from view. As more companies continue to consider entering mortgage finance, here’s everything they need to know about the market, and the regulators that govern it.
Read More