New York Fed: Down Payment Size Key Factor in Housing Demand
The size of a down payment is much more significant than the interest rate in determining how much more someone...
Mortgage
ABA, ABIA Welcome Private Flood Insurance Bills
ABA and its American Bankers Insurance Association subsidiary yesterday welcomed a pair of bipartisan bills, S. 1679 and H.R. 2901,...
ABA Commends TRID Implementation Delay
ABA yesterday said it welcomed the Consumer Financial Protection Bureau’s proposed delay of implementation of the TILA-RESPA integrated disclosures to...
Agencies Release TRID Implementation Resources
The Consumer Financial Protection Bureau and the OCC have both recently released free resources to help bankers prepare for the...
FHA Imposes Window on Mortgage Insurance Claims
The Federal Housing Administration yesterday proposed a rule that would limit the window under which an FHA-approved lender would be...
Mortgage Rates Rise
The rate for a 30-year fixed-rate mortgage averaged 4.08 percent this week, up from last week’s 4.02 percent, Freddie Mac...
OCC: Credit, Compliance Risk Growing in 2015
Noting an environment of “high” credit, strategic, compliance and operational risk, the OCC outlined nine priorities for ongoing midsize and...
Smaller Lenders Take Growing Share of Fannie, Freddie Business
The percentage of loans that Fannie Mae and Freddie Mac purchased from small lenders in 2014 rose substantially, according to...
New Exam Procedures on TRID Issued
The FDIC yesterday issued revised interagency examination procedures for the TILA-RESPA integrated disclosures now proposed to take effect on Oct....
Fannie, Freddie Q1 Profits Drop Year on Year
Fannie Mae’s and Freddie Mac’s combined first-quarter earnings were $2.4 billion, up from the $1.5 billion they earned in the...
