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Stand Out as an Industry Leader and Present Your Company in the Premier Publication in Mortgage Banking. social Life Getting the Year Stay in the driver's seat with the latest need-to-know news for 2014. Remember to follow @TheMReportNews and tweet us using #themreport. in Gear Anne Koons: @CarringtonHS Investors Will Still Dominate Purchase Market in 2014 #themreport @Indecomm How long will the trend favouring small #mortgage #lenders last? #themreport "Is Mortgage Market Deconsolidation Temporary or Here to Stay? It's here to stay! #themreport" Upcoming MReport Editorial February Feature: The Perfect Recipe for a Servicing Shop TRENDING The Story: The Story: The Story: Survey: Americans Prefer Mixed-Use Communities HUD Puts Out Qualified Mortgage Definition Realtor.com Unveils List of Top Turnaround Towns for Q2 The Scoop: The Scoop: The Scoop: Long-term mortgage rates saw a jump this week following better-than-expected economic reports. Freddie Mac released the results of its Primary Mortgage Market Survey, putting the average 30-year fixed-rate mortgage at a rate of 4.46 percent (0.5 point) for the week ending December 5, up from 4.29 percent last week. Frank Nothaft, VP and chief economist for Freddie Mac, pinned the increases on encouraging growth in private jobs and new home sales. HUD has issued a newly revised definition of a qualified mortgage (QM) that will affect all Federal Housing Administration (FHA)-insured loans moving forward. The new rules go into effect on January 10 and will apply to mortgages that are insured, guaranteed, or administered by HUD. The agency defined two categories of QM, with the main difference being the relation between a loan's annual percentage rate and its average prime offer rate. Rising prices may be bringing some homeowners out from underwater, but tight credit will still preclude many traditional buyers from the market, according to a recent report from San Diego-based DataQuick, a real estate information and analytics provider. "Homes listed for sale and overall sales will increase as more borrowers find themselves no longer underwater," commented Gordon Crawford, VP of analytics at DataQuick. However, investor purchases are expected to continue driving numbers. Industry leaders offer their top strategies for a successful shop. Special Section: Workflow Systems Technology Guide Bonus Distribution: » TMBA Southern Secondary Market Conference » MBA's National Mortgage Servicing Conference theMReport.com Advertise now! Call 214.525.6700 or connect with us online at TheMReport.com. The M Report | 7