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 commercial mortgage.
IVES allows taxpayers to authorize third parties to request their tax return or wage transcripts to obtain a residential or commercial mortgage.
What are the best ways to successfully bring loans with devalued collateral back into compliance with reasonable risk profiles while maintaining good borrower relationships?
Today’s rise in housing prices not as risky to financial stability as the real estate bubble and crash of 2008, Fed governor says.
In 2020, local business conditions were top of mind for community bankers. This year, the lingering effect of COVID-19 on local economies has created a new concern: historic levels of deposits and narrow net interest margins.
With post-pandemic effects hindering many traditional CRE markets, developers are turning to multifamily housing to meet demand.
In the Federal Housing Finance Agency’s annual report to Congress, the agency requested the authority to examine third-party service providers to identify practices that could pose safety and soundness risks to Fannie Mae and Freddie Mac.
Acting Comptroller of the Currency Michael Hsu told attendees at a CFPB roundtable today that banks are being held accountable when they rely on housing appraisals that are discriminatory.
The FDIC proposed changes to its guidelines for real estate lending policies in order to align standards with the community bank leverage ratio, which does not require electing institutions to calculate tier 2 capital or total capital.
The American Bankers Association today offered feedback to the Federal Housing Finance Agency on appraisal-related policies and practices for Fannie Mae and Freddie Mac, noting that it “fully supports creating new alternatives to the traditional appraisals available in the market today.”
Sponsored Content provided by Columbia Business School Executive Education We recently sat down with David…