Minneapolis Fed president Neel Kashkari said that while he still believes some major banks are indeed too big to let die, TBTF itself runs the risk of laying the burden of financial risk back in the laps of taxpayers.
Read More »TRID Causing Widespread Closing Delays Among Credit Unions
While most everyone knew the TILA-RESPA Integrated Disclosure regulations would result in delays, not many expected those delays to be so sweeping.
Read More »First Mortgage Origination Balances Way Up In 2015
First mortgage balances experienced a massive year-over-year jump, driven by an uptick in both rising home-purchase activity and solid refinancing volumes, according to the latest Equifax National Consumer Credit Trends Report, released Wednesday.
Read More »Buyer Behavior—Emotional Factors Drive Purchase Decisions
Bank of America’s first-ever look at homebuying trends has found that more buyers want a home more than they want an investment in property.
Read More »JPMorgan Chase RMBS Deal First to Qualify Under Safe Harbor
JPMorgan Chase Bank has become the first institution to file a residential mortgage-backed securitizations deal that qualifies under the Federal Deposit Insurance Corporation’s six-year-old Safe Harbor rule.
Read More »Access to Credit Just Keeps Getting Tougher
A survey shows the demand is there, but the approvals have not been.
Read More »Deciphering TRID Through Communication
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.
Read More »15 Neighborhoods Investors Should Know About
Trulia gave investors a leg up on where to look for properties with its latest Live Well maps, which highlight America’s best neighborhoods for those looking to stay active and healthy. The index measures such aspects as the percentage of quiet streets and recreational amenities.
Read More »Homeowner, Appraiser Value Gap Widens for First Time in 6 Months
What homeowners think their houses are worth and what they’re actually worth are slightly off nationally, and the gap between owner estimates and real appraisals widened in February for first time in six months.
Read More »Will Underwater Mortgage Borrowers Ever Come Up for Air?
Negative equity is down to 13.1 percent nationwide, but is still a nagging problem choking real growth and limiting new inventory, according to a new report by Zillow.
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