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Results: 182 Articles found.
Aug 17, 2016 12:30 PM

Fannie, Freddie May Require Billions in Crisis Bailout

The Federal Housing Finance Agency on Aug. 8 released stress test results for government-sponsored enterprises Fannie Mae and Freddie Mac that showed the GSEs could need as much as $125.8 billion in bailout money during a severe economic downturn, Bloomberg reported. FHFA said the minimum bailout figure would be $49.2 billion.

 
Aug 17, 2016 12:30 PM

Six CRE Trends for Rest of 2016 Identified

Global economic and political uncertainties, the ever-changing retail sector and volatile energy markets are three of the key trends that will play significant roles in commercial real estate for the upcoming year, the Urban Land Institute reported Aug. 10. Other expected trends include steady interest rates and limited supply growth.

 
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 17, 2016 09:10 AM

Appraisal Institute Joins 10 Associations Opposing Changes to PACE Loans

Citing “a host of serious consumer protection concerns,” the nation’s largest professional association of real estate appraisers joined 10 trade associations Tuesday to oppose recent changes to the federal government’s Property Assessed Clean Energy loans, known as PACE loans.

 
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.

 
Aug 10, 2016 12:30 PM

CFPB Publishes 900-page Mortgage Lending Final Rule

The Consumer Financial Protection Bureau on Aug. 4 finalized mortgage servicing regulations to ensure borrowers are treated fairly, HousingWire reported. Included in the 900-page final rule are mandates that certain borrowers receive foreclosure protections more than once during the life of the loan and that foreclosure protections cover those inheriting property.

 
Aug 09, 2016 08:00 AM

Appraisal Institute Education Trust Honors 4 National Award Winners

Bradley R. Carter, MAI, of Atlanta, received the George L. Schmutz Award; Stephen D. Roach, MAI, SRA, AI-GRS, of San Diego, received the James H. Pritchett Award; Charles G. Dannis, MAI, SRA, of Dallas, received the Dr. William N. Kinnard Jr. Academic Award; and Byron E. Miller, SRA, AI-RRS, of Minneapolis, Minnesota, received the Y.T. and Louise Lee Lum Award from the Appraisal Institute Education Trust during the Appraisal Institute Annual Conference July 27 in Charlotte, North Carolina.

 
Jul 29, 2016 08:00 AM

Stephen Wagner Elected 2017 Appraisal Institute Vice President

Stephen S. Wagner, MAI, SRA, AI-GRS, of West Lafayette, Indiana, was elected 2017 vice president of the nation’s largest professional association of real estate appraisers Thursday by its Board of Directors in Charlotte, North Carolina. Wagner’s one-year term at the Appraisal Institute will begin Jan. 1, followed by one year each as president-elect, president and immediate past president.

 
Jul 28, 2016 12:00 PM

Appraisal Institute Honors 7 National Award Winners

Terry R. Dunkin, MAI, SRA, of Sparks, Maryland; M. Ralph Griffin, MAI, AI-GRS, of Spartanburg, South Carolina; and W. Calvin Reynolds, MAI, SRPA, SREA, SRA, of Winston-Salem, North Carolina, were honored with the Lifetime Achievement Award and Sandra K. Adomatis, SRA, of Punta Gorda, Florida, was named the recipient of the Outstanding Service Award during the Appraisal Institute Annual Conference Wednesday in Charlotte, North Carolina.

 
 
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