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Government Lending

Politics and money news can have a swift and significant impact on the housing industry, whether it’s related to policy changes that will directly affect the mortgage industry or a change in political leadership that is expected to trickle down and impact the mortgage and housing industries. As a housing market professional, it’s important to stay informed on politics and money news and understand how it may affect the housing and mortgage industries now and in the future.
HousingWire’s politics and money coverage, which spans breaking news, expert commentary and more, can keep you up to date on the news and coverage that matters to you. 

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Former Bankrate CFO gets 10 years for cooking the books to the tune of $25 million 

Sep 25, 2018By

The former chief financial officer of Bankrate will spend the next 10 years in prison after admitting in court earlier this year that he falsified the company’s accounts in a scheme that ended up costing shareholders $25 million. According to the Department of Justice, Edward DiMaria used his position at Bankrate to artificially boost the company’s earnings from 2010 through 2014.

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