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Democrats want people’s complaints about Steve Mnuchin, the “foreclosure king”

Senate Democrats, led by Sen. Elizabeth Warren, appear to be showing their hand a bit when it comes to how they plan to handle the confirmation hearing of Steve Mnuchin, President-elect Donald Trump's choice to lead the Treasury. It looks like the Democrats will seek to use Mnuchin’s time at OneWest Bank as part of their case against approving him as Treasury secretary, calling Mnuchin the “foreclosure king” and asking people who may have been “impacted” by OneWest’s practices to share their stories.

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Exclusive: Nationstar CEO Jay Bray on impact of ‘surprising’ election; higher interest rates

Count Nationstar Mortgage CEO Jay Bray among those who were surprised by the election of Donald Trump, but Bray tells HousingWire that he is looking forward to working with the incoming Trump administration and is cautiously optimistic on the impact that the president-elect could have on the financial services business. Here's part two of HousingWire's exclusive interview with Bray.

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Exclusive: Nationstar CEO Jay Bray on Mr. Cooper, the company’s future

Given the company’s recent radio silence on its massive rebranding efforts, it may seem like Nationstar Mortgage’s transformation into Mr. Cooper is in a perpetual holding pattern. But when one visits Nationstar’s headquarters in the Dallas suburb of Coppell, it’s clear that Mr. Cooper is both the company’s present and its future. In an exclusive interview, HousingWire sat down with Nationstar CEO Jay Bray to find out more about Mr. Cooper and what it means for Nationstar.

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Here’s more industry response to the Fed raising interest rates

Since the majority of the market believed the Federal Reserve would increase interest rates this Wednesday, a lot of economists had time to formulate what this news would mean for the housing market. As the comments continued to pour in, we covered them here. Even though the market already assumed this December increase, it’s what economists believe will happen moving forward that’s most telling.

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