The bank’s pretax earnings for the year rose 17 percent as it gained market share across its businesses, but lower mortgage banking income and impact of the Tax Act decreased its noninterest income.
Read More »Rising Housing Demand Leads to Increase in Mortgage Applications
Mortgage applications grew on the basis of a strong economy and an upsurge in post holiday demand in the housing market.
Read More »Powell and Montgomery Noms Back on Track for Full Senate Vote
The Senate Committee on Banking, Housing, and Urban Affairs today met to revisit the nominations of Jerome Powell as Chairman of the Board of Governors of the Federal Reserve ...
Read More »Affordability Gap Leads to Rise of Alternative Housing
From granny flats to manufactured or modular homes to mobile home communities, buyers are looking at economically desirable alternatives as the cost of buying a home rises.
Read More »Getting a Mortgage Got Easier in Q3 2017
Higher interest rates and lower refinancing volumes made it easier for homebuyers to borrow in Q3 2017 according to a report.
Read More »Are Tax Reforms Worth the SALT in High-Priced Markets?
Aspiring home buyers living in counties with relatively high home values and SALT rates may be affected by the new tax bill, according to a new study.
Read More »Supreme Court Decision Could Impact CFPB
The Supreme Court has agreed to hear a case that could have implications regarding the constitutionality of the Consumer Financial Protection Bureau. Last week the Supreme Court agreed to hear ...
Read More »Buyers and Sellers Get Smart About Homes
The smart home trend is here to stay as more and more homebuyers and sellers embrace virtual reality for prospective homes and smart technology to add value to a home’s price.
Read More »Top 10 Most Affordable Housing Markets
What if borrowers could afford their dream home at an economical price? According to a recent report, they can—depending on the location they choose to call home.
Read More »Homebuyers Still Worried About Prices and Availability
Potential homebuyers are having their plans hampered by limited availability and affordability, leading some to reconsider staying in their current home and renovating instead. That’s according to a ...
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