Podcast: Global Correspondent Banking at a U.S. Community Bank
With $1.57 billion in assets, HAB Bank isn't big -- but it's a community bank with global reach. The New...
Mortgage
Fed Survey: Little Change in Lending Standards Amid Weaker C&I Demand
Bankers left commercial and industrial lending standards mostly unchanged amid weakening demand in the fourth quarter of 2019, according to...
FHFA Proposes Updated Seller, Servicer Eligibility Requirements
The proposed update to Fannie Mae and Freddie Mac seller/servicer eligibility includes new requirements for the servicing of Ginnie Mae...
Housing Policy Advocates Call for Delay of ‘QRM’ Definition Review
The Coalition for Sensible Housing Policy—a broad group of financial, housing and community development stakeholders including ABA—yesterday wrote to the...
IRS Issues Guidance on Reporting of Mortgage Insurance Premiums
The IRS on Friday issued important guidance on how banks and other servicers of mortgage loans must report the deductibility...
The Demographic Hurricane Makes Landfall
U.S. birth and marriage rates—and the life expectancy of its young people—are falling. How should banks respond to America’s demographic...
ABA, Groups Highlight TRID Burden Ahead of CFPB Assessment
As the Consumer Financial Protection Bureau prepares to conduct its five-year assessment of the 2013 TILA-RESPA Integrated Disclosure Rule, ABA...
Trade Groups Raise Concerns About Changes to FHFA UMBS Pooling Practices
The American Bankers Association joined several housing and financial trade groups in a letter to the Federal Housing Finance Agency...
Kraninger Signals Extension for GSE QM Patch
As the American Bankers Association has long anticipated, CFPB Director Kathy Kraninger signaled in a letter to lawmakers last week...
Bowman Concerned About Community Banks’ Exit from Mortgage Markets
Speaking to attendees at a mortgage industry event in Kansas City, Missouri, today, Federal Reserve Governor Michelle Bowman expressed optimism...
