The chief of the National Association of Federal Credit Unions has asked Congress to keep certain principles in mind while drafting a plan to overhaul Fannie Mae and Freddie Mac.
Read More »Comptroller Stresses Importance of Community Reinvestment
Comptroller of the Currency Thomas J. Curry said that recent modifications made by the OCC will shape the future of the financial world.
Read More »Global DMS Launches Global Delivery
Global DMS, a provider of web-based compliant valuation management software, has launched Global Delivery™, an alternative to the traditional way appraisal documents are prepared, packaged, and compliantly provided to borrowers by way of printed appraisals sent via U.S. mail.
Read More »House Votes to Lighten Regulatory Load for Banks
A bill proposing to amend Dodd-Frank and change the way bank holding companies are designated as systemically important passed in the House with a bipartisan vote and has now moved on to the Senate for consideration.
Read More »Refinanceable Population Takes Another Big Hit
Mortgage interest rates are at their highest level of 2016, causing the number of borrowers with an incentive to refinance to drop substantially. What effect will the shrinking refinanceable pool have on the market?
Read More »The Week Ahead: Fed Rate Hike Widely Expected
Will the Federal Open Market Committee raise the federal funds target rate for the first time in a year? Many economist and analysts seem to think that the economy has improved enough for the Fed to raise rates.
Read More »Homeowners are Moving Toward Sizing Up
A recent report shows that homeowners are consistently purchasing homes that are bigger in size. Which regions show the most interest in trading up?
Read More »Making the Mortgage Picture Clearer for Buyers
A substantial number of would-be homebuyers lack the financial education to navigate the homebuying process, according to a recent survey. What can the industry do to educate potential homebuyers?
Read More »Taking on Obstacles to Homeownership
The U.S. homeownership rate recently rose up from its 51-year low, but there is still more work to be done to create more homeowners in America, according to experts at a recent National Association of Realtors event.
Read More »Credit Union Growth Hits New Heights in Q3
First mortgage origination was a major driver of growth at credit unions in the third quarter, according to analysis.
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