OCC releases mortgage performance report for fourth quarter 2023
The OCC released the fourth quarter 2023 mortgage metrics report, which showed that 97.2% of first-lien mortgages in the federal...
Mortgage
ABA, associations seek more time for comment on flood insurance form changes
ABA and eight associations today asked the Federal Emergency Management Agency to extend the deadline for public comment on its...
Mortgage rates fall
The rate for a 30-year fixed-rate mortgage was 6.74% this week, down from last week when it averaged 6.88%. A...
Bank survey: Most first-time homebuyers optimistic about housing market
Nearly three in four first-time homebuyers are optimistic about the current housing market, according to a new survey by TD...
Regulators to waive certain appraisal requirements to assist in Maui recovery
Federal banking agencies will grant temporary exceptions to Financial Institutions Reform, Recovery and Enforcement Act appraisal requirements for real estate-related...
FHFA launches test program aimed at reducing closing costs
FHFA Director Sandra Thompson announced that the agency has launched a pilot program to waive the requirement that lenders first...
IRS holds off on IVES updates, seeks industry input
IVES allows taxpayers to authorize third parties to request their tax return or wage transcripts to obtain a residential or...
Mortgage rates fall
The rate for a 30-year fixed-rate mortgage was 6.88% this week, down from last week when it averaged 6.94%. A...
Growing number of lawmakers seek investigation of Navy Federal Credit Union
Two dozen House lawmakers called on federal regulators to investigate the nation’s largest credit union following reports of racial disparities...
Podcast: The commercial real estate state of play
ABA's Dan Brown and Sharon Whitaker discuss community bank exposures to commercial real estate and how community banks are managing...
