Browsing: Newsbytes

Newsbytes

ABA yesterday urged the National Federation of Municipal Analysts to remove from its draft recommended best practices a requirement to disclose bank loans to municipalities in advance of loan closing.

Newsbytes

The Consumer Financial Protection Bureau today issued a report on the 26 million Americans it calls “credit invisible” — those without a history at a major credit reporting bureau — and the 19 million additional Americans whose credit histories are too old or sparse to be accurately scored.

Mortgage

Following a weak end to 2014, Freddie Mac today posted improved net income of $524 million in the first quarter — although the figure is still down significantly from the $4 billion the company earned in the first quarter of 2014.

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