The exemption that allows some financial institutions to skip sending annual privacy notices to consumers could soon be history, if the Consumer Financial Protection Bureau gets its way.
Read More »Will Non-FHA Low Down Payment Programs Make a Splash?
For some first-time buyers and low- to moderate-income buyers, these programs may be beneficial while for others it may not be a viable substitute for FHA lending, according to the Urban Institute.
Read More »Fed Takes a Hurry Up and Wait Approach
The latest inflation figures prompted Fed Governor Daniel Tarullo to say that the U.S. economy is "not running hot."
Read More »Competitive Housing Market Presents Challenges
The housing market has become increasingly competitive for both buyers and sellers as home prices have steadily increased.
Read More »San Francisco Fed: Brexit Effect Modest So Far
San Francisco Fed President and CEO John Williams said the effect of Brexit on the U.S. has been modest, but he was not ready to return to his pre-Brexit forecast of two or three rate hikes this year.
Read More »Will Q2 Results Be Kinder to Banks than Q1?
The profits of nearly every large bank holding company took a hit in Q1 compared with the first quarter of 2015. Will Q2 be any better?
Read More »Nonprofit Network Sets $3 Billion Origination Goal
With mortgage interest rates near historic lows and underwriting standards improving, NeighborWorks America has increased the target dollar amount for mortgage originated by nonprofits in its network.
Read More »Compliance Management Issues Still Haunt Lenders
Violations were relatively small, but significant enough for the CFPB to require corrective action.
Read More »Steady Home Price Appreciation on the Radar
Single-family house prices in May were up from April and from a year ago, and should steadily rise through next spring, according to CoreLogic.
Read More »Freddie Mac’s Mortgage Portfolio Sees More Contraction
The unpaid balance of the GSE's mortgage-related investments portfolio is now well below its required call for the full year of 2016.
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