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Results: 590 Articles found.
Aug 17, 2016 12:30 PM

Community Banks Remain Strong: White House Report

The White House Council of Economic Advisers on Aug. 10 released a report that showed community banks remained strong across a variety of measures - including lending growth and geographic reach - since the passage of the Dodd-Frank Act in 2010. The report noted, however, that branch consolidation is problematic.

 
Aug 10, 2016 12:30 PM

Fed: Banks Tightening CRE Loan Requirements

Banks continue to scrutinize commercial real estate loans, reporting that they tightened standards during the second quarter, which is the fourth consecutive quarter of such tightening, the Federal Reserve reported in its July Senior Loan Officer Opinion Survey on Bank Lending Practices. Banks reported that residential loan standards were mostly unchanged.

 
Aug 10, 2016 12:30 PM

Barclays Avoids Multimillion-dollar Subprime Suit

A lawsuit jointly filed by the Federal Housing Finance Agency and U.S. Bank that accused Barclays Bank and one of its subprime lending subsidiaries of misrepresenting the quality of mortgages in a $619 million bond was dismissed because it was filed beyond the statute of limitations, HousingWire reported July 26.

 
Jul 20, 2016 12:30 PM

Senators Tell FHFA to Leave GSE Reform to Them

While some in Congress are pushing the Federal Housing Finance Agency to let Fannie Mae and Freddie Mac recapitalize, a bipartisan coalition of senators is urging FHFA Director Mel Watt to let legislative efforts guide housing finance reform, HousingWire reported July 11.

 
Jul 20, 2016 12:30 PM

FHFA Clarifies Principal Reduction Eligibility

The Federal Housing Finance Agency reported July 11 that an estimated 31,000 borrowers nationwide are eligible for a one-time principal reduction, with most of the homeowners concentrated in five states: Florida, Illinois, Ohio, New Jersey and New York.

 
Jul 20, 2016 12:30 PM

OCC to Boost Oversight of Commercial Real Estate

The Office of the Comptroller of the Currency on July 11 said it will increase scrutiny of the commercial real estate sector because credit risks are on the rise due to low interest rates, Reuters reported.

 
Jul 13, 2016 12:30 PM

New York First to Buy Delinquent FHA Mortgages

Officials in New York City on June 30 announced plans to purchase a limited number of delinquent loans from the Federal Housing Administration in what's being called a "first of its kind" program, HousingWire reported. The Community Restoration Program will oversee the purchase, which should help struggling residents avoid foreclosure.

 
Jul 13, 2016 12:30 PM

Census Bureau: Apartment, Office Construction on Rise

The U.S. Census Bureau reported July 1 that construction spending in May was down 0.8 percent from April but multifamily residential construction increased 1.8 percent for the month and 23.9 percent year-over-year. Office construction was down 0.4 percent in May, but up 22.5 percent for the year.

 
Jul 13, 2016 12:30 PM

AQB Alters Supervisory Appraiser Criteria

The Appraiser Qualifications Board of The Appraisal Foundation on June 24 adopted changes to the Real Property Qualification Criteria, altering the minimum requirements for supervisory appraiser qualification.​

 
Jul 06, 2016 12:30 PM

Brexit Could Boost US CRE Investment

The U.K.’s exit from the European Union could be a boon to U.S. commercial real estate as investors pull capital out of U.K. properties and seek other markets in which to invest, National Real Estate Investor reported June 24.

 
 
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