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Author Archives: Joey Pizzolato

Joey Pizzolato is the Online Editor of DS News and MReport. He is a graduate of Spalding University, where he holds a holds an MFA in Writing as well as DePaul University, where he received a B.A. in English. His fiction and nonfiction have been published in a variety of print and online journals and magazines. To contact Pizzolato, email [email protected].

Roadblocks Ahead for Credit Union Legislation

The National Association of Credit Unions (NACU), with the support of Representative Bill Posey (R-Florida) and Denny Heck (D-Washington) reintroduced a bill that would require the National Credit Union Association to initiate a study on capital requirements for credit unions before finalizing the final risk-based capital rule that is scheduled to go into effect on the first of January 2019.

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How Equifax Could Change Arbitration

The recent Equifax breach of data of over 143 million American consumers via efforts by hackers could have breathed new life into the Consumer Financial Protection Bureau’s (CFPB) recent anti-arbitration clause, according to a report by the Los Angeles Times. ...

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Drilling into Foreclosure Data

Delinquency rates are at a 10-year low, according to July’s CoreLogic Loan Performance Insight Report. See how low they’ve dropped, and other factors that could be boosting the economy.

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Freddie Mac: Unaffordability Everywhere

Affordability is down for both homeowners and single-family rentals, according to data released by Freddie Mac. The GSE also announced measures to help make mortgages more affordable for borrowers with high loan-to-value ratios.

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An Economist’s Perspective on Harvey

In the aftermath of Hurricane Harvey, and the looming threat of Hurricane Irma and Jose, CoreLogic’s Chief Economist Frank Nothaft discusses the implications of natural disasters on the housing market.

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Otting, Quarles, Confirmed by Committee Vote

The Senate Committee on Banking, Housing, and Urban Affairs held a vote to push Joseph Otting, nominated to be Comptroller of the Currency, and Randal Quarles, nominated to the Board of Governors of the Federal Reserve, to a full Senate confirmation. Both men were approved by the committee.

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Immigration Reform’s Effect on Housing

President Donald Trump announcement on Tuesday that he will end the Deferred Action for Childhood Arrivals immigration policy, sparking a larger conversation about immigration reform, but what does that mean for the housing industry?

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