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Former Ohio Attorney General Richard Cordray takes over Helm of CFPB

January 9, 2012: 

On Thursday, January 5, 2011, President Obama installed former Ohio Attorney General Richard Cordray as Director of the Consumer Financial Protection Bureau (CFPB) using a recess appointment.

FHFA Releases Statement on GSE Guarantee Fee Increase

January 9, 2012: 

On December 23rd, 2011, President Obama signed legislation extending the payroll tax reduction and requiring the Federal Housing Finance Agency (FHFA, the conservator of Fannie Mae and Freddie Mac (the GSEs)) to raise GSE guarantee fees (g-fees) by at least ten basis points.

NAR Submits Comments On Loan Servicing Compensation

January 3, 2012: 

On December 27, 2011, NAR President Moe Veissi submitted NAR’s comments to the Federal Housing Finance Agency (FHFA, the conservator of Fannie Mae and Freddie Mac (the GSEs)) on future mortgage servicing structures and servicing compensation for single-family loans to enhance competition in mortgage servicing and origination.

Several Housing Markets Head for Appreciation in 2012

January 3, 2012: 

A boom in farm prices has caused many Midwest cities to emerge as leaders for some of the strongest predictions for housing appreciation in 2012. Kansas City, Kan., came in the top spot in HousingPredictor’s annual survey, forecasting an appreciation of 5.8 percent for this year.

2012 Gadgets: Trends to Watch and Welcome

January 1, 2012: 

If you blog or maintain visibility on Facebook or Twitter, you know these can be effective tools for keeping your name before clients and prospects. The downside to social networking, though, is the time and effort involved, which can detract from other responsibilities of a real estate career. Look for more tools like HootSuite, which give you a dashboard to make social media more manageable endeavor.

Man of the People

January 1, 2012: 

Using his communication gifts to connect with members, 2012 NAR President Moe Veissi offers guidance through tumultuous markets.

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