MIPS to Rise, FHA Repurchase Demands?, Redfin Optimism, QM Protects Banks, Scotsman Guide, Builder Sentiment, HOPE Now, Nationalized Mortgages, Top Reverse News, HP Rise, Toll on Renters

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(get ready for MIPs to rise more) Senators Introduce Legislation to Prevent FHA Bailout – BY: TORY BARRINGER – DS News 
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(precursor to FHA repurchase demands?) Fate of Bipartisan FHA Reform Bill May Hinge on Sen. Richard Shelby – During the final days of this Congress, Senate Banking Committee Democrats are continuing to push for passage of a Federal Housing Administration reform bill that will require unanimous consent. – National Mortgage News

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(optimism growing) Redfin: More Buyers Expect Price Gains, Few Concerned over Fiscal Cliff – BY: TORY BARRINGER – … According to the company, 71 percent of homebuyers believe prices will increase in their neighborhood in the next year, up from 61 percent in the third quarter and more than twice the 34 percent in the first-quarter survey. … – The M Report 
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(angle of article: QM will make it harder for consumers to sue banks) Banks Seek a Shield in Mortgage Rules – By PETER EAVIS, NY Times – Yahoo Finance

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(attn. originators – access to entire Dec. issue) GAZE INTO THE FUTURE OF HOUSING – What does QE3 mean for the industry?Scotsman Guide 
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NAHB Builder Sentiment Soars To Highest Since 2006 Thanks To Sandy – Submitted by Tyler Durden – Zero Hedge 
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(lots of stats) Hope Now prevented nearly 130,000 foreclosures in October – By Kerri Ann Panchuk – Loan modification data released by Hope Now – an alliance of mortgage servicers, insurers and housing counselors – notes the month of October brought 88,583 permanent loan modifications and 38,518 short sales. – Housingwire 
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Refinance Volume Expected To Fall 26% in 2013: Fannie Mae – BY JANN SWANSON – Mortgage News Daily 
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We’ve Nationalized the Home Mortgage Market. Now What? – … the government has almost completely taken over the American home mortgage market. Banks and other for-profit financial services companies lend money to homeowners, but without the guarantees and other support the government provides, the housing market would barely be functioning now. … – by Jesse Eisinger – ProPublica
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(Top 10) The Biggest Reverse Mortgage News of 2012 – by Elizabeth Ecker – Reverse Mortgage Daily 
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The real meaning of rising home prices – AnnaMaria Andriotis – … But experts say that spike is largely due to the limited number of homes on the market. … The problem is this limited inventory underscores a weakness in the housing market: Many sellers have resisted putting their home up for sale, out of concern that it will sell for far less than they paid for it, says … – MarketWatch 
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Foreclosure Crisis Takes Toll on Renters – BY: KRISTA FRANKS BROCK – … some anticipate another 8 million to 10 million more foreclosures … However, as the National Law Center on Homelessness and Poverty points out, this is only part of the picture. About 20 percent of all foreclosed properties have been rental properties, according to a recent NLCHP report. In fact, about 40 percent of all families evicted in foreclosure are renters not owners, according to NLCHP. … – DS News  
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