Pristine MBS, Fed Never Sell MBS?, Settlement Savaging, Buyer Rush, Clear Capital Report, Judicial FCs, About Quicken, Corelogic Prices Up, FNMA Servicer Scorecards, Trulia is Up, HSBC Sells HO Debt

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Ben Bernanke’s Diabolical Plan To Turn Mortgage-Backed Securities Into Pristine Collateral – by Gary A – Seeking Alpha

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(Fed to hang on bonds, not sell them, let them mature?) Federal Reserve May Do U-Turn on Asset Sale – Reuters – Fox Business

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Even American Banker is Savaging the OCC’s Mortgage Settlement – Yves Smith – Naked Capitalism 
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CREDIT SUISSE: There’s A Buyer Rush In The US Housing Market Unlike Anything We’ve Ever Seen – Matthew Boesler – Business Insider

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(March report download) Clear Capital: February’s U.S. Home Prices Signal Solid Start to Spring Buying Season.

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Bring Down the Gavel on the Judicial Foreclosure Process – Adam Artunian – John Burns RE Consulting 
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(about Quicken) “Even a reporter needs a mortgage” – Posted by Brena Swanson – … One…Two…Three… seconds and my phone starts to ring. About as fast as I could hit submit, Quicken Loans already had my number in the system and was calling me, and it was not an automated call. I answered and admitted I was a reporter doing research on mortgage originations, to which he replied, “Even a reporter needs a mortgage.” … – Housingwire 
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CoreLogic: Prices Up 9.7%; Market Poised for Strong Spring Season – BY: ESTHER CHO – DS News
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Fanne Mae Announces 2012 Servicer Scorecard Results – BY: ESTHER CHO – DS News 
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(chart) More Positive Housing News – Mark J. Perry – 1. Trulia’s monthly report on Asking Prices was released today: … more – Seeking Alpha 
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HSBC Sells U.S. Consumer, Homeowner Debt for $3.2 Billion – By Gavin Finch & Howard Mustoe – HSBC Holdings Plc (HSBA), Europe’s biggest bank by assets, agreed to sell a portfolio of U.S. consumer loans for $3.2 billion in cash as it scales back its operations in the country. The sale to a subprime lender backed by Fortress Investment Group LLC (FIG) and a mortgage investor managed by the private-equity firm is slated to be completed in the second quarter, London- based HSBC (5) said in a statement yesterday. Springleaf Finance Inc. will also buy HSBC’s loan-servicing facility in Kentucky, with completion expected in the fourth quarter, the bank said. – Bloomberg

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