Fed: Business Credit Cheaper; Jumbo Mortgages Easier to Get
Credit standards continued to ease in most commercial and consumer loan categories, according to the Federal Reserve’s latest survey of...
Mortgage
J.D. Power: Large Bank Servicers Score Higher Ratings than Nonbanks
Large bank mortgage servicers overall notched higher customer satisfaction ratings than large nonbank servicers, according to the 2015 J.D. Power...
ABA ‘Agenda’ Bills Sail Through House Committee
With bipartisan majorities, the House Financial Services Committee yesterday passed several bills that are part of ABA’s Agenda for America’s...
CFPB Releases Spanish Version of TILA-RESPA Form Guide
The Consumer Financial Protection Bureau yesterday released the Spanish version of “Your Home Loan Toolkit,” intended to help consumers understand...
ABA Endorses New Index for Computing Conforming Loan Limits
The conforming loan limits for mortgages that Fannie Mae and Freddie Mac will purchase are too high, ABA said in...
HOA ‘Super-Priority’ Liens Would Hurt Consumers, ABA Warns
ABA and several other trade groups yesterday released a statement of principles on “super-priority” liens placed by homeowner associations that...
ABA-Opposed Revenue Raisers Still in Play in Senate Highway Bill
According to news reports this morning, several ABA-opposed provisions are still in play as revenue-raising measures in the Senate's highway...
CFPB Finalizes TRID Delay to Oct. 3
As formally proposed, the Consumer Financial Protection Bureau today finalized Oct. 3 as the new effective date for the TILA-RESPA...
OCC Newsletter Focuses on Reducing Foreclosures
The OCC’s Community Developments Investments newsletter published today focuses on how banks can provide sustainable loan modifications and help reduce...
Cordray Testimony Covers Ability-to-Repay, TRID, Credit Cards
Consumer Financial Protection Bureau Director Richard Cordray appeared before the Senate Banking Committee today and said during the question-and-answer period...
