Daily Dose

Pro Teck highlighted 10 CBSAs for their growth in home sales prices year-over-year. Five areas saw enough improvement in their prices to receive “strong” ratings, with one considered “good” and four others “soft.”

Customer satisfaction regarding TRID has risen among borrowers—coinciding extremely closely to the rise in the number of borrowers who reported they’d been contacted (as per TRID guidelines) by their lenders before closing.

Federal housing regulations are “too antiquated” to address future consumers’ housing needs, according to the House Subcommittee on Housing and Insurance.

Home prices are continuing to rise all over the country, according to FHFA. What area have seen the largest increases?

Since the initial implementation of these rules, the CFPB has made several moves to expand the definitions of “small creditor” and “rural area,” but before the HELP Act, smaller lenders were only eligible for special provisions if more than half its loans were in rural or underserved areas.

The industry was primed and ready for the Fed’s rate hike, but how has it fared since the increase went into effect? Editor's note: This select print feature appears in the March 2016 edition of MReport magazine, available now.

The National Association of Federal Credit Unions VP of Legislative Affairs, Brad Thaler, sent a letter to the Committee on Ways and Means Subcommittee on Tax Policy, urging them to keep the credit union federal tax exemption as they consider tax reform proposals.

Bank of America's Affordable Loan Solution program provides an alternative for low-income borrower but despite being an innovative solution to market demand, industry analysts feel it does not provide enough competition to substitute the FHA completely.

Parkside Lending, LLC, a national wholesale and correspondent lender, recently announced that it is expanding its lending services to the state of Missouri.

Now that the effects from the TILA-RESPA Integrated Disclosure rule have subsided significantly in the housing market, first-time buyer activity has resumed from the delays caused in the previous months.