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In 2014, more than $120 billion worth of HELOCs were originated, which is a 21.5 percent year-over-year increase. In addition, more than 1.2 million new HELOCs were opened in 2014, a 15.8 percent increase from the year before. These represent six year highs for HELOC originations.

The toolkit was developed as a part of the CFPB’s “Know Before You Owe” mortgage initiative and helps consumers take full advantage of the new Loan Estimate and Closing Disclosure forms that lenders are required to begin providing in August.

Both the 10-City and 20-City composites saw gains in January compared to December. The 10-City composite gained 4.4 percent, up from 4.3 percent seen in December. Data released today for January 2015 show that home prices continued their rise across the country over the last 12 months. However, monthly data reveal slowing increases and seasonal weakness.

Bank of America began installing automated teller machines with video screens two years ago and began testing screens in some of its branches three years ago. The bank’s use of video to interact with customers is in contrast to some of its big-bank peers, who are taking a wait-and-see approach to the technology.

According to MountainView's announcement, features of the bulk servicing rights portfolio include 100 percent fixed-rate and first lien product, a weighted average original FICO score of 763, a weighted average original LTV ratio of 75 percent, a weighted average interest rate of 3.82 percent, and low delinquencies. The portfolio contains no loans that are more than 90 days late; only 0.41 percent of the loans in the portfolio are between 30 and 59 days delinquent, and only 0.5 percent of the loans are between 60 and 89 days delinquent, according to MountainView.

Affordability is worst in fast growing cities that have fallen behind in building homes to keep up with population growth. Currently the average U.S. homebuyer can expect to spend 15.3 percent of their monthly income on a mortgage payment.

U.S. home prices had a slight 0.1 percent increase from December 2014 to January 2015. However, prices are up over 20 percent from 2012, but still down 10 percent from the 2006 peak. The current national home price value is $241,000.

Moynihan was awarded $13 million in stock and cash last year, according to the bank’s proxy statement released Thursday. That was down from the $14 million he received in 2013. And again, the head of the firm’s investment bank, Thomas K. Montag, was paid more than his boss. Montag was awarded $14 million in compensation, down from $15.5 million in 2013.

Yahoo has quietly launched a mortgage rate calculator on their site, making it the second search engine to do so. Google launched its mortgage calculator in February, but Yahoo’s new tool is bigger and better than its Google predecessor. Now, these might just be the first of many calculators to hit the internet.

Sen. Elizabeth Warren (D-Massachusetts) said the GOP had put financial protections “in the center of the bull's-eye” with their new budget proposal. Warren, joined by Sens. Jeff Merkley (D-Oregon) and Al Franken (D-Minnesota), criticized the GOP budget Wednesday, targeting particular ire at a provision that calls for lawmakers to set the funding levels for the CFPB.