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CSPAN Washington This Week November 25, 2012

We need some support local organizations on the ground serving these communities and making the most difference in our communities. Organizations such as the local and regional urban league. The bank for the buck we get from investing in these groups is enormous. They have Business Models to allow them to succeed. Finally, there has been a great deal of talk since the election on whether there is new life on the immigration issue. I believe there is. We are working hard to capitalize on the momentum the election provided on this issue. We have not heard a lot about how enacting comprehensive Immigration Reform can help on the job and economic issues. Immigration reform will create an effective system that levels the Playing Field for all workers. Right now, our immigration system does not work for anyone except unscrupulous employers. We need to take the power out of the hands of those who are exploiting our current immigration situation and put it back into the hands of fair and hones

Treasury Department Tightens Mortgage-Lending Regulation for CDFIs

Second-row Emerald Bay home in Laguna Beach sells privately for $25 million

The five-bedroom, seven-bathroom house is the second-most expensive off-market, all-cash deal in the neighborhood this year.

Hedging, TPO Marketing, AI Underwriting, Encompass Tools; FHA and USDA News; STRATMOR on Lessons Learned

While we await the release of the changes in the official conforming loan limits later today (many lenders and MI companies went to $750k in October, the CLL will probably increase around 6 percent for 2024 to around $770,000, and to $1,155,000 for high cost areas), both vendors and lenders continue with changes, instituting workweek reductions, furloughs, pay cuts, and layoffs due to overcapacity… Much different than a couple years ago when those same companies couldn’t hire people fast enough. Things rarely stay the same forever, whether it is in mortgage banking, shipping, or population. For example, there’s this: “Amazon Takes the Delivery Throne From UPS and FedEx.” Is Texas losing population? No, but here’s yet another example of a sensationalist headline that would make you think so: “People are leaving Texas over rising costs, partisan politics, and a sense of disenchantment.” Paging down a bit shows, “Over 494,000

Financier Evan Stone Pays $25M for Home in Laguna Beach

Financier Evan Stone Pays $25M for Home in Laguna Beach
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