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The Tale of a House, and an Entire Market
http://www.nytimes.com/2014/01/26/business/the-tale-of-a-house-and-an-entire-market.html
Home values in the Atlanta area fell more than 30 percent but have recovered somewhat. This house with a vaulted-ceiling family room on a cul-de-sac in the suburb of Smyrna followed a similar . (“What typically happened was people who had any home

Wells Fargo to sell servicing rights to $39 billion in home loans
http://www.reuters.com/article/2014/01/22/us-wellsfargo-ocwen-mortgages-idUSBREA0L1FA20140122
Wells Fargo to sell servicing rights to $39 billion in home loans The sale of the servicing rights comes as new companies like Atlanta-based Ocwen, which focuses on collecting payments on residential and commercial mortgages, have driven up demand for these assets. The higher prices make it more attractive to sell 

Gundlach not buying the housing recovery
http://www.investmentnews.com/article/20140124/FREE/140129940
“The housing market is softer than people think,” Mr. Gundlach said, pointing to a slowdown in mortgage refinancing, shares of homebuilders that have dropped 13% since reaching a high in May, and the time it's taking to liquidate defaulted loans

Shift in home loan market causes jitters in South
http://msbusiness.com/blog/2014/01/24/shift-home-loan-market-underway/
Congress, in passing the 2010 Dodd-Frank financial reform law, included the Ability to Pay provision and a mandate for more thorough documentation of mortgage loans. » READ MORE: Mortgage lending standards put credit unions Beige Book reports for

Bad credit mortgage lenders Atlanta GA, Debt settlement agency Florida, Debt negotiation

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National MI partners with NAMMBA to further its outreach to minorities and women

EMERYVILLE, CA (November 14, 2017) — National Mortgage Insurance Corporation (National MI) , a subsidiary of NMI Holdings, Inc., (NASDAQ: NMIH) has partnered with the National Association of Minority Mortgage Bankers of America ( NAMMB A) as part of its continuing effort to help lenders work more effectively with minority borrowers.  NAMMBA provides education and career development training for minorities and women who are in the mortgage industry. It is actively involved with the local, state and national Mortgage Bankers Association chapters.

“National MI is committed to raising awareness and educating lenders on issues associated with minority borrowers and women,” said Claudia Merkle, chief operating officer with National MI.  “Joining forces with NAMMBA is just one more step in our multicultural outreach.”

Changing demographics in the U.S. are leading to a more ethnically diverse population, Merkle noted.  By 2024, there will be 33% more new minority homebuyers, a study by the Mortgage Bankers Association (MBA) showed.

Daily Digest

U of M Athletics Reaches Record Graduation Rate

For the third year in a row, University of Memphis Athletics posted an all-time high in academic achievement, as the NCAA released its Graduation Success Rate and Federal Graduation Rate reports.

In the reports, the University of Memphis’ numbers improved from the year before, with the university graduating 87 percent of its student-athletes for the 2010 cohort and having a 62 percent federal graduation rate for the same time period (2007-10). Last year’s numbers were 85 percent for Memphis’ GSR and 61 percent from its FGR.

The FGR accesses only first-time, full-time freshmen and only counts them as an academic success if they graduate from their institution of initial enrollment within a six-year period.

The GSR differs from the FGR in that it adds transfer students, mid-year enrollees and non-scholarship students (in specific cases) to the sample. This allows the GSR to more accurately look at student-athlete successes by taking into account the full variety of participants in NCAA Division I and tracking their individual outcomes.

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