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GSE Overhaul Bill Clears Senate Committee By Octavio Nuiry, Senior Staff Writer May 29, 2014 The Senate Banking Committee approved a bipartisan measure to overhaul Fannie Mae and Freddie Mac on May 15, setting the stage for a possible floor vote. A Year Later, Fraud, Scammers Continue to Wreak Havoc on Oklahoma Residents Already Devastated by Moore Tornado By Sheldon Detrick May 29, 2014 One year ago on May 20, 2013, a monster tornado struck our hometown of Oklahoma City, killing a total of 25 people, seven of them children, and injuring approximately 377 others, causing over $2 billion in property damage. One Year Later, Moore, Okla., Heals and Rebuilds By Russell Benson May 29, 2014 A year ago, one of the strongest tornadoes on record tore through Moore, Okla., killing 24 people, leveling thousands of homes and causing over $2 billion in damage. Wells Fargo Foreclosure Manual on Trial By Octavio Nuiry, Senior Staff Writer May 28, 2014 Well Fargo, the nation’s largest mortgage servicer, is in legal hot water. Five Reasons The Housing Market Is Failing By Peter Miller, Contributor May 27, 2014 By now the housing market was supposed to be booming. Combine a growing population, low mortgage rates, years of pent-up demand, fewer foreclosures, lower unemployment plus a generally-better economy and the stage should be set for a very nice real e San Antonio Mayor Julian Castro Picked to Lead HUD By Octavio Nuiry, Senior Staff Writer May 22, 2014 In a move that could position the Democratic Party favorably for the 2016 presidential election, President Barack Obama is expected to nominate San Antonio Mayor Julian Castro as secretary of Housing and Urban Development. FHFA Signals Shift in Federal Housing Policy By By Octavio Nuiry, Senior Staff Writer May 22, 2014 Delivering his first speech on May 13 since becoming director of the Federal Housing Finance Agency (FHFA) in January, Mel Watt outlined a broad shift in housing policy. Why Lenders Want A New Mortgage Deal By Peter Miller, Contributor May 21, 2014 Nobody likes mortgage rates. No matter what the cost of real estate financing is today there’s always a preference for less. Much less. Nearly One-Third of Americans Live in Counties Where One in Five Homeowners is Underwater: Heat Map By Daren Blomquist, RealtyTrac Vice President May 19, 2014 A high percentage of homes with negative equity, or underwater, is a lingering legacy from the recent housing and foreclosure crisis, hobbling the housing recovery. Colorado Housing on a High By RealtyTrac Staff May 19, 2014 Median home prices in the greater Denver metro area have increased on an annual basis for 24 consecutive months as of February, up 31 percent from the bottom in February 2009, according to RealtyTrac data. Print Email

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