Tag Archives: Lending

Seniors are sitting on trillions in untapped equity. A recent report noted that retirement-aged homeowners saw an increase of 2.8 percent in home equity, or $170.7 billion, in Q4 2016. This puts their total housing wealth at $6.2 trillion. However, many seniors are still unwilling to tap into this wealth.

Encompass Developer Connect provides customers, partners and independent software vendors with a secure, scalable platform.

Data from the Home Mortgage Disclosure Act shows that local lenders are the preferred lender in 60 percent of cases.

CFPB Director Richard Cordray on Monday offered some new and innovative ideas to provide credit to more consumers at Lendit USA Conference in New York.

The largest banks may be forced to curtail their lending as a result of tough capital requirements, according to Minneapolis Fed President Neel Kaskhari.

Mortgage lending among credit unions experienced significant gains for the first quarter of the year, but their supervisory agency cautioned that these institutions should monitor risks.

During the mortgage crisis, portfolio lenders like TD Bank stood out as financial institutions that embraced the idea of quality underwriting and lending—especially since they kept loans in-house, taking the risk on their own balance sheets.

Despite the housing industry's major strides in recovery since the crisis, mortgage access among minorities remains a problem, locking them out the market.

The Total Mortgage Credit Availability Index (MCAI) decreased in June, indicating that lending standards are tightening, according to a release from the Mortgage Bankers Association on Tuesday. The Total MCAI, which was benchmarked to 100 in March 2012, declined by 0.5 percent in June down to 122.

Larry Baer joins the broadcast to discuss forecasting interest rates, high/low cycles and monetization of forecasts.