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  • HUD Deputy Secretary Pam Patenaude resigns

    "It has been my honor to serve President Trump and Secretary Carson and I am deeply grateful to both for this opportunity," her resignation letter states. "I will continue to promote the President's agenda to make this nation stronger and more prosperous for every American." Click the headline for more.

REwired

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

HousingWire's Mortgage Services Guide narrows down your loan servicing search

HW lists servicers that tailor to your specific needs
HousingWire’s Mortgage Services Guide is a one-stop shop for finding the service provider your business is looking for. This monthly blog will highlight different services, service providers and insights your business needs to stay compliant and efficient. Visit HW’s Mortgage Services Guide to start your search.
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Monday Morning Cup of Coffee: With Kavanaugh confirmed, will Supreme Court take aim at the CFPB?

New swing justice previously declared bureau unconstitutional
In case you’ve been living under a rock for the last few days (and if you have, good for you…but how’d you get out from under there???), the Supreme Court has a new justice and balance of power of the nation’s highest court just swung decidedly to the right. So, does that mean that the CFPB will soon have to argue for its structure or very existence before the Supreme Court? The new justice has already declared the bureau unconstitutional. Here's a look at what's next.
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How real estate may fare in Fargo, North Dakota

Property values are projected to appreciate at just over 3% through next May
Fargo's notoriety, at least as a pop culture reference, has been on the rise since the release of a Coen brothers' comedy in 1996 and recent success of the television series it inspired. But when it comes to property values in the Fargo, ND-Moorhead, MN, MSA, the projected rise will be modest at best, according to VeroFORECAST projections. Read an exclusive analysis from Veros' Eric Fox to learn more.
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Monday Morning Cup of Coffee: Elon Musk settles with SEC, steps down as Tesla chairman

Plus, former Ocwen exec coughs up cash for insider trading, CFPB official is blasted for racism
Securities fraud, insider trading and allegations of racism inside the CFPB – we’ve got a solid dose of drama to kick off your week. Read about the details of Elon Musk’s settlement with the SEC – and the hefty fine he and Tesla will pay to wronged investors. Plus, a former Ocwen exec pays the price for insider trading, and a CFPB official suffers serious backlash from his colleagues when racists blog posts emerge from his past.
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HousingJobs: Why the job market for loan officers is promising

The numbers show a rewarding career as a LO
Job hunting can be frustrating. At HousingWire, we want to make the process easier for job seekers in the industry. Our new service, HousingJobs, lists the latest gigs in the housing industry for loan officers, underwriters, processors, loan servicers, and tech and marketing pros. Check out this monthly blog for the latest job postings along with some industry insight.
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Restarting motor city

After bankruptcy and bailout, fortunes in Detroit-Warren-Livonia, Michigan MSA are turning over again
Five years ago, Detroit, the principal city in the Detroit-Warren-Livonia, Michigan Metropolitan Statistical Area, was declaring bankruptcy with debt estimates as high as $20 billion. This summer, those troubles seem comfortably in the rearview, according to the latest VeroFORECAST, which shows that real estate values in the nation's 14th most populous MSA are predicted to increase at an average of 6.8% over the next 12 months.
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