March 2016 - RIP Dodd Frank

TheMReport — News and strategies for the evolving mortgage marketplace.

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TH E M R EP O RT | 11 FROM THE SOURCE Knowledge WHY LIA? The Largest Provider of E&O Insurance to AMCs in the U.S. SINCE 1977 POLICIES SPECIFICALLY DESIGNED FOR AMCS COMPETITIVELY PRICED COVERAGE NATIONWIDE COVERAGE WITH "A" RATED COMPANIES STATE AMC BONDS WITH NO ADDED FEES Contact Susan Lomeli Ph: (800) 334-0652 X 139 Fax: (805) 962-0652 CA License #0764257 Administrators & Insurance Services LIA_AMC_Print_Ad_Knowledge_2.2917x9.125.indd 1 2/11/15 7:18 PM READ THIS ORIGINALS: HOW NON-CONFORMISTS MOVE THE WORLD By Adam Grant Adam Grant first made waves when he became the youngest-ever tenured profes- sor at the Wharton School while still in his twenties. Today, Grant has been recognized as Wharton's top-rated teacher for four straight years and his first book, Give and Take, was a New York Times bestseller. Grant's second business book, Originals: How Non- Conformists Move the World, is out now and with rave reviews by Malcolm Gladwell, Sir Richard Branson, and Arianna Huffington is already shaping up to be one of the top business books of the year. WATCH THIS KEYNOTE ADDRESS BY FEDERAL HOUSING FINANCE AGENCY DIRECTOR MEL WATT FHFA Director Melvin L. Watt delivered a speech at the Bipartisan Policy Center in Washington, D.C., last month touching on two important facets of the conservator - ship of Fannie Mae and Freddie Mac to provide the industry some clarity on what it encompasses. First, he talked about accom- plishments among the government-sponsored enterprises since the establishment of the conservatorship. Second, Watt provided a future outlook on some of the challenges and risks associated with the conservator - ship. The full address can be viewed at SHARE THIS INSIGHTS APP The Insights App, by analytics and data pro- vider CoreLogic, is designed to enhance user perspective on U.S. and international property markets. Available for download in the Apple App Store and Google Play for Android, it provides mortgage lenders, investors, analysts, and policymakers instant access to mortgage, real estate, and housing economy property intelligence, trends, and analysis. TWEET THIS #HARPNOW Last month the Federal Housing Finance Agency (FHFA) kicked off a new social media campaign, #HARPNow, aimed at raising awareness of the Home Affordable Refinance Program, or HARP, before it expires on December 31. The FHFA will be using the hashtag across Twitter, LinkedIn, and YouTube in conjunction with @FHFA. The FHFA announced that it is particularly trying to market the program in the top 10 states with the greatest concentration of HARP-eligible borrowers—Florida, Illinois, Michigan, Ohio, Georgia, California, Pennsylvania, New Jersey, New York, and Maryland.

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