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The suspension of a premium reduction for mortgage insurance was announced before the Senate has acted on Ben Carson's nomination to lead HUD. A spokesman for the Trump transition team was quoted earlier this week as saying "the incoming policy team has not seen the model" behind the previously announced price cut.
BY Brian Collins
The Department of Housing and Urban Development announced Friday that the reduction in mortgage insurance premiums "has been suspended indefinitely."
The financial services industry has high hopes that President Trump will usher in a new era of less regulation and economic growth, but here are challenges the new administration will face.  more »
Treasury Secretary-designate Steven Mnuchin struck a pro-banking industry tone during testimony on Capitol Hill Thursday while tangling with lawmakers over foreclosures, offshore accounts and other issues.  more »
In a candid, in-depth exit interview, Ted Tozer discusses Ginnie Mae's growth during his seven years at the agency's helm, the need for comprehensive housing finance reform, big banks' retreat from mortgages, counterparty risk management and more.  more »
2017 Top Producers
National Mortgage News is now accepting submissions for the 2017 Top Producers, our annual ranking of mortgage loan officer and broker origination volume.
Take a look back at the loan officers who made the cut in the 2016 Top Producers.
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