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	<title>My Perspective</title>
	<link>http://www.americasmoneycenter.com/blog</link>
	<description>Thoughts from the Chairman &#38; CEO of AMC Institute, a learning center providing education, training, information and solutions for mortgage loan providers.</description>
	<lastBuildDate>Thu, 11 Mar 2010 20:39:32 +0000</lastBuildDate>
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		<title>Foreclosure Activity Up 6%, Smallest Annual Increase in Four Years</title>
		<description><![CDATA[&#8220;Foreclosure filings were reported on 308,524 properties during February, according to RealtyTrac&#8217;s monthly report. This represents a decrease of 2% from January but it is 6% above the level reported in February 2009. &#8220;The 6% year-over-year increase we saw in February was the smallest annual increase we&#8217;ve seen since January 2006,&#8221; said James J. Saccacio, [...]]]></description>
		<link>http://www.americasmoneycenter.com/blog/2010/03/11/foreclosure-activity-up-6-smallest-annual-increase-in-four-years/</link>
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		<title>Annaly Raises More Funds to Buy MBS</title>
		<description><![CDATA[So, people have told you the MBS secondary is Dead as Kelsey&#8217;s Nuts ? Don&#8217;t believe it. This is the second such news article I have seen in as many days &#8230; Things are starting to come back   
Annaly Raises More Funds to Buy MBS
&#8220;Annaly Capital Management Inc. has priced another $100 million [...]]]></description>
		<link>http://www.americasmoneycenter.com/blog/2010/03/07/annaly-raises-more-funds-to-buy-mbs/</link>
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		<title>Straw Buyer Goes to Jail</title>
		<description><![CDATA[First time I&#8217;ve seen this, and IT&#8217;S ABOUT TIME &#8230; Hooray!
&#8220;An Augusta, Ga., woman is being sent to prison for a year and a day for allowing someone else to use her name and Social Security number on a mortgage loan application. Latoya Dawkins was also ordered to pay $253,000 in restitution. She entered a [...]]]></description>
		<link>http://www.americasmoneycenter.com/blog/2010/03/04/straw-buyer-goes-to-jail/</link>
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		<title>&#8230; and then there was light &#8230;.</title>
		<description><![CDATA[FINALLY, and in spite of the Government doing it&#8217;s very best to smoother private capital from re-entering the residential real estate mortgage lending industry and controling it themselves (while punishing all of you who have to deal with those crazy people, wacky standards &#038; new processes at Fannie,Freddie &#038; FHA) , there was a HUGE, [...]]]></description>
		<link>http://www.americasmoneycenter.com/blog/2010/02/24/and-then-there-was-light/</link>
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		<title>Are our Industry Generals Fighting the Last War?</title>
		<description><![CDATA[I was speaking with my lawyer yesterday morning about my extreme degree of frustration at having been trying to raise $2.5 Million for a consumer residential real estate mortgage lending financial services family of companies, from a potential equity partner/investor these last 8 months. I was telling him I had aggressively gone after investment bankers, [...]]]></description>
		<link>http://www.americasmoneycenter.com/blog/2010/02/23/are-our-industry-generals-fighting-the-last-war/</link>
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		<title>What We&#8217;re Hearing</title>
		<description><![CDATA[This popular column in the National Mortgage News is a piece it&#8217;s editor Paul Muolo publishes each week (here it is http://nationalmortgagenews.com/columns/hearing/) today I saw a Comment I had left published &#8230;.:
&#8220;Posted: 2010-02-13 11:36:23
by Peter Samuel Cugno
Paul had said &#8220;&#8230;the money that is looking to enter the industry only wants to fund Fannie/Freddie/FHA loans&#8230;.&#8221; (I [...]]]></description>
		<link>http://www.americasmoneycenter.com/blog/2010/02/19/what-were-hearing/</link>
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		<title>California Tops Mortgage Fraud Index for Fourth Quarter</title>
		<description><![CDATA[Boy oh Boy, that sure does me proud. It&#8217;s also sooo nice to see we&#8217;re Number One amongst all the thugs in America &#8230; really wish we had egregious aggressive intense harsh punishment for wrong doers! Something like Water Boarding would be just fine with me!  
California now has the highest risk of mortgage [...]]]></description>
		<link>http://www.americasmoneycenter.com/blog/2010/02/18/california-tops-mortgage-fraud-index-for-fourth-quarter/</link>
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		<title>RBS Increases ABS Team</title>
		<description><![CDATA[Just one more baby step in the news, signaling me the securitization market is fixin&#8217; to come roaring back pretty soon  
&#8220;Royal Bank of Scotland, which is controlled by the U.K government, has expanded its residential and commercial MBS/ABS team by two. Gregory Reiter, previously a portfolio manager at the World Bank, joins RBS [...]]]></description>
		<link>http://www.americasmoneycenter.com/blog/2010/02/13/rbs-increases-abs-team/</link>
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		<title>FDIC Seen Pushing Securitization Plan into Second Quarter</title>
		<description><![CDATA[In today&#8217;s industry news:
&#8220;The Federal Deposit Insurance Corp. is pushing back its plan to securitize troubled mortgage assets into the second quarter, according to officials close to the situation. &#8220;It&#8217;s still very much in process,&#8221; said one source speaking on background, &#8220;but it won&#8217;t happen in the first quarter.&#8221; The FDIC recently confirmed that it [...]]]></description>
		<link>http://www.americasmoneycenter.com/blog/2010/02/10/fdic-seen-pushing-securitization-plan-into-second-quarter/</link>
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		<title>FHA 4Q Originations Up 21%, Foreclosures Up 41%</title>
		<description><![CDATA[Lenders originated $86.1 billion in FHA-insured single-family loans in the fourth quarter, up 21% from same quarter in 2008. The Federal Housing Administration reported that 60% or $51.8 billion of the endorsements involved home purchase loans during the final quarter of calendar year 2009. Meanwhile, FHA insurance-in-force grew by 24% during in the calendar year [...]]]></description>
		<link>http://www.americasmoneycenter.com/blog/2010/02/09/fha-4q-originations-up-21-foreclosures-up-41/</link>
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