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Volume 3 - Number 5

March 5, 2010

Secondary Market Delivery Could Give H4H Life

While many mortgage market participants are waiting for the Department of Housing and Urban Development to again fix the HOPE for Homeowners program, one company is trying to take the matter into its own hands. Banker’s Portfolio LLC, based in Irvine, CA, announced in late February that it secured a forward commitment for the purchase of securities backed by H4H loans and is rolling out the H4H product...

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Poll

The Consumer Financial Protection Bureau is completing its first six months of operation. Based on the agency’s regulatory pronouncements and announcements to date, how do you think the agency is doing?

It’s doing a good job of balancing consumer protections with regulating the mortgage industry.
It’s too early to tell what kind of job the CFPB is doing.
It’s not needed and should be closed down.

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Housing Pulse

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