TheMReport

12 | TH E M R EP O RT 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 Susan@liability.com Ph: (800) 334-0652 X 139 Fax: (805) 962-0652 www.liability.com CA License #0764257 Administrators & Insurance Services LIA_AMC_Print_Ad_Knowledge_2.2917x9.125.indd 1 2/11/15 7:18 PM READ THIS: CHAIN OF TITLE: HOW THREE ORDINARY AMERICANS UNCOVERED WALL STREET'S GREAT FORECLOSURE FRAUD By: David Dayen Written by Fiscal Times columnist David Dayen, "Chain of Title" chronicles the true story of how a cancer nurse, a car dealership worker, and an insurance fraud specialist turned their real-life foreclosures into a larger conversation about mortgage practices in America. WATCH THIS: FEDERAL OPEN MARKET COMMITTEE PRESS CONFERENCE WITH JANET YELLEN YouTube.com/user/FedReserveBoard Janet Yellen recently led a Federal Open Market Committee press conference at the Federal Reserve. She discussed outlooks for the federal funds rate, economic growth, employment, and price stability, as well as year-to-date economic performance. To watch her speech, visit the Fed's YouTube channel. SHARE THIS: HUD'S FIRST- TIME HOMEBUYER EDUCATION AND COUNSELING DEMONSTRATION Huduser.gov/portal/publications/first-homebuyer- early-insights.html HUD recently released early findings from its large-scale study on the impact of homebuying education on first-time buyers. According to the results, pre-purchase counseling—even distance and over-the- phone counseling—in mortgage literacy, loan performance, and homebuyer outcomes all improved long-term borrower stability. The study will continue over the next four years. TWEET THIS: #ENDINGTBTF The Federal Reserve Bank of Minneapolis recently hosted its third Symposium on Ending Too Big to Fail. The first took place in February, and the second occurred in May. Attendees and participants were encouraged to share updates and content from all three symposiums on Twitter using the hashtag #EndingTBTF. Search Twitter for the hashtag now to catch up on all that happened.

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