W.Va. Banker: Hometown Customers Need Reg Relief
Regulatory relief is necessary to help banks better serve customers in West Virginia communities, said Alan Brill, chairman of the...
Mortgage
FHA Relaxes Restrictions on Agency-Backed Condo Loans
The FHA in a letter today announced that effective immediately, it will loosen restrictions for one year on agency-backed condo...
ABA Endorses MortgagebotLOS for Loan Origination
ABA, through its Corporation for American Banking subsidiary, has endorsed the D+H’s mortgage loan origination system, MortgagebotLOS, an all-in-one system...
FDIC Issues Guidance on Purchased Loans, Participations
Noting an increase in loan purchases and participations that are originated by nonbanks or facilitated by third parties, the FDIC...
House Strips Fed Dividend Cutbacks from Highway Funding Bill
The House today voted 371-54 to approve a long-term highway funding bill. Just prior to passage, the House overwhelmingly approved...
Fed Survey: Economic Outlook Triggers Business Credit Tightening
Citing the economic outlook, bankers are showing signs of tightening credit for business loans while they continued to ease credit...
Marching Together
Banks stride in unison with agencies, nonprofits to serve veterans.
ABA Compliance Center Inbox, November/December 2015
A HELOC for an executive officer and other sticky compliance situations.
FHFA: Freddie Mac Falls Short of Low-Income Housing Goals
The Federal Housing Finance Agency in its Annual Housing Report today said that Freddie Mac failed to meet its affordable...
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