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ABA Dodd-Frank Tracker: House Panel Approves Hensarling Housing Bill

This bill is working its way through the legislature.

As passed, the bill would wind down Fannie Mae and Freddie Mac within five years, replace them with a “public utility” to oversee the creation and maintenance of a single platform for the private sale of mortgages and end all federal guarantees. It also would reduce the mortgage insurance coverage provided by the Federal Housing Administration to only 50% of the mortgage being insured and re-target the FHA to serve first-time and low-income homebuyers.

ABA Dodd-Frank Tracker: House Panel Approves Hensarling Housing Bill.

What do you think the impact will be if this bill passes?

Outlook brightens in national housing survey: NAR | HousingWire

The number of Americans who believe homeownership is a positive financial investment is on the rise, and a majority of renters now say homeownership is one of their highest priorities for the future — both indicators that the housing recovery may be taking off.

Outlook brightens in national housing survey: NAR | HousingWire.

Fraud Alert: The Latest Schemes Haunting Title Companies Webinar

There is no doubt fraudsters continue to penetrate businesses in the title insurance, mortgage and settlement services industries. And it can be tough to stay ahead of the many nefarious acts fraudsters use to steal funds, damage systems and threaten the very livelihood of businesses, whether they are small, medium or large corporate entities.

Fraud Alert: The Latest Schemes Haunting Title Companies Webinar.