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When sentiment breaks: What consumer confidence is telling us about recession risk and fiscal reality

Nerds are people too Since 1946, economists and others who find themselves alone on Friday nights have studied the University of Michigan Surveys of Consumers for indications of consumer attitudes toward the U.S. economy. At its core, the survey measures current conditions and future expectations — but with a focus on the psychology of the […]

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Preserve manufactured housing communities by strengthening models that sustain them

Congress stands at the crossroads of enacting the “21st Century Road to Housing Act.”  A key priority of this bill is manufactured housing – and manufactured housing communities – with the objective of expanding our nation’s affordable housing supply.     As part of this effort, Section 304 of the latest draft of this bill would create

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Robert Maddox

Lenders are taking more repurchase demands to court

More mortgage firms are suing their counterparties over buyback demands. Processing Content In the past six months, several lenders and servicers have sued origination partners over repurchases, for funds experts say they may never recoup. Although the latest federal complaints are small in number, they’re ticking up again after a small wave of the complaints

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