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The Mortgage Compliance Update is your direct weekly link to mortgage compliance news.  

Freddie Mac: Mortgage Rate Decrease Expected to Continue

Mortgage rates fell slightly, but remained above the 4% mark, and are expected to see more substantial losses next week. (HousingWire)


Understanding the Science Behind Wind Verification Technology

Did you know that wind is one of nature's most difficult hazards to measure? (CoreLogic Insights Blog)


NY Fed: "Household Debt Surpasses its Peak Reached During the Recession in 2008"

The Federal Reserve Bank of New York issued its Quarterly Report on Household Debt and Credit, which reported that total household debt reached $12.73 trillion in the first quarter of 2017 and finally surpassed its $12.68 trillion peak reached during the recession in 2008. (Calculated Risk Blog)


SF Supervisors Compromise on Affordable Housing

A yearlong battle in San Francisco City Hall ended Wednesday night when two factions on the Board of Supervisors reached a compromise on how much affordable housing to require in new market-rate developments. (San Francisco Chronicle)


Buyers with Excellent Credit Get Record Share of Mortgages

Want a home loan these days? (National Mortgage News)

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