SAFE Act Final Rules Published in Federal Register

(gpo.gov) - The OCC, Board, FDIC, OTS, FCA, and NCUA (collectively, the Agencies) are adopting final rules to implement the Secure and Fair Enforcement for Mortgage Licensing Act (the S.A.F.E. Act).

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Obama Administration Announces Conference on Housing Finance Reform

(hud.gov) - "Conference on the Future of Housing Finance" set for August 17. Today, the Obama Administration announced expanded opportunities for public engagement on the future of our nation's housing finance system, including Fannie Mae and Freddie Mac.

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Cash-In Refinancings Rise in Second Quarter Freddie Mac Bulletin Number 2010-17

(freddiemac.com) - Freddie Mac released the results of its second quarter cash-out refinance analysis. Also published this week is a Bulletin on HAMP requirements.

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Bulletin 2010-17

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Fed's Report Shows Slowing Growth

(nytimes.com) - While the economy has continued to pick up, growth has become uneven in recent weeks, the Federal Reserve said Wednesday in its latest regional report. In some regions, the Fed said, economic activity had started to slow.

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From the Desk of David H. Stevens

(hud.gov) - Last week President Obama signed Wall Street reform into law. This legislation contains the toughest financial reforms since the ones created in the aftermath of the Great Depression.

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