The GSE earned a comprehensive income in the second quarter and will pay a dividend in the same amount to the Treasury for the quarter. Click through to see the numbers that spelled a good quarter for Fannie Mae.
Read More »The Regulatory Relief Bill’s Impact on Compliance
A report quantifying the incremental burden on financial institutions in keeping up with regulatory changes found that the recently passed bill had increased regulatory activities for lenders. Here are the details.
Read More »Why Wells Fargo Agreed to Pay a $2B Penalty
On Wednesday, Wells Fargo agreed to pay a fine of more than $2 billion for allegedly misrepresenting the quality of loans used in Residential Mortgage Backed Securities. Here's why the bank agreed to pay this amount in a settlement with the Department of Justice.
Read More »Opting for Optimization in Mortgage Lending
Fintech innovations have the potential to transform and streamline business processes for lenders. But first, they have to embrace them. Editor's Note: This article originally appeared in the August issue of MReport, out now.
Read More »10 Cities With The Most Home Improvement Loans
Many homeowners look at borrowing for home renovations, according to a recent study, which found that the trend of taking a loan for home improvements was most popular in these cities.
Read More »Construction Spending Rises in the First Half of 2018
Despite slight decreases during the month, overall construction spending has grown at a healthy clip over last year, according to a Census Bureau report. Here are the details.
Read More »Economic Outlook Is Strong, but What About Housing?
While the Fed remains bullish on the economy, a report from the Treasury looks at some of the challenges faced by the housing market last quarter. Click through to learn what the two reports had to say.
Read More »Millennial Homebuyers Rise in a Competitive Market
A report tracking mortgage loans found that home purchases by young Americans continued its rise in June. See which type of mortgage loans attracted millennial homebuyers.
Read More »How Loans are Getting Younger, Savvier, and Safer
Millennials get a lot of flak for a lot of things, but they're being credited for helping to make loans much less risky, according to the June Loan ...
Read More »The Art of Finding ‘The One’
With competition super-heated for houses, most buyers are having to visit more than half a dozen dwellings—not including the ones they tour virtually online—before spotting their perfect pick, ...
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