Home valuations across the country are on the rise, but so are homeowners’ perceptions of what their homes are worth—at a slightly higher rate.
Read More »Lawmakers Question Effectiveness of FHFA’s IG
Senators Chuck Grassley and Ron Johnson want more information on recent changes made to the FHFA watchdog's organizational structure and finances.
Read More »KBRA Cautions Investors About Stress Test Results
While the tests may have shown that the largest bank holding companies are capitalized enough to withstand the Fed’s hypothetical severely adverse economic scenarios, KBRA believes investors should beware.
Read More »Proposed Rule Would Close Privacy Disclosure Loophole
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 »OCC Appoints Deputy Comptroller for Compliance Supervision
The Office of the Comptroller of the Currency (OCC) appointed Beverly F. Cole as the Deputy Comptroller for the Compliance Supervision, where she will report to the Senior Deputy Comptroller for Compliance and Community Affairs.
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 »Compliance Management Issues Still Haunt Lenders
Violations were relatively small, but significant enough for the CFPB to require corrective action.
Read More »Fed Vice Chair Stays Cool on Brexit Effect
While immediate declines in mortgage rates have caused many to speculate on Brexit's effect, Stanley Fischer is taking a wait-and-see stance.
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