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BY Penny Crosman
Artificial intelligence like IBM's Watson may not make bank compliance officers obsolete, but it could mean far fewer of them will be needed in the future, focused on higher-level tasks.
Strong home sales are boosting originations of Federal Housing Administration loans and opening the door for first-time buyers — developments that could portend the mortgage insurance agency receiving a positive report from auditors this fall.  more »
The Los Angeles City Attorney's Office announced Thursday a lawsuit settlement with U.S. Bank over allegations the banking giant neglected its foreclosed properties in L.A. following the 2007-2008 housing collapse, bringing blight and squalor to some low-income neighborhoods.  more »
Mortgage industry hiring and new job appointments for the week ending Sept. 30.  more »
Producer Profile
Mortgage loan officers keep an eye on the long game, but making a sale is more than the sale; ushering people through the biggest purchase of their lives requires the ability to maintain relationships over time.
The results of the 2016 Top Producers Survey reflect a year of booming business for loan officers, both in terms of the dollar volume and number of loans reported by each loan officer.
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