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Results: 132 Articles found.
Dec 09, 2015 12:30 PM

Fed Restricts 'Too Big To Fail' Bailouts

The Federal Reserve Board of Governors on Nov. 30 approved a final rule restricting its emergency lending program from bailing out troubled financial institutions, HousingWire reported. The Fed will cease financial support to specific companies, and will only consider emergency lending for "broad-based" issues impacting larger market concerns.

 
Dec 02, 2015 12:30 PM

FHFA: Few Changes to 2016 Conforming Loan Limits

The Federal Housing Finance Agency announced Nov. 25 that conforming loan limits will remain at $417,000 for loans acquired by Fannie Mae and Freddie Mac in most of the U.S. in 2016, HousingWire reported. The limit will rise in 39 “high-cost” counties, including some in California, Massachusetts, Colorado and Washington.

 
Dec 02, 2015 12:30 PM

Survey: Lending Not Delayed by TRID

Concerns about lending delays caused by the TILA-RESPA Integrated Disclosures Rule that took effect in October appear unfounded, according to a Campbell/Inside Mortgage Finance HousingPulse Tracking Survey, HousingWire reported Nov. 23. The total average closing time for most loan types remained relatively unchanged between September and October.

 
Dec 02, 2015 12:30 PM

Google Launches Mortgage Comparison Tool

Google is rolling out a mortgage comparison tool through its Compare service, a move that will give homebuyers another way in which to shop for a mortgage, HousingWire reported Nov. 23. The comparison tool currently is available only in California, with more states to follow.

 
Nov 25, 2015 12:30 PM

Rising Valuations Means Uncertain Commercial Market

Some investment managers reported worrisome signs in commercial mortgage-backed securities due to loosening underwriting standards, and while they noted the market appears "frothy" as a result of high commercial valuations, they aren't yet forecasting a bubble, Bloomberg Business reported Nov. 18.

 
Nov 25, 2015 12:30 PM

Errors Abound in CFPB Complaint Portal

The Consumer Financial Protection Bureau's consumer complaint database allegedly is riddled with errors and distrusted by some of its own employees, according to internal documents and interviews with current and former agency officials, National Mortgage News reported Nov. 18.

 
Nov 25, 2015 12:30 PM

Mortgage Firm Settles Multistate Suit over Appraisal Fees

Prospect Mortgage settled with the Multi-State Mortgage Committee on behalf of 50 state mortgage regulators after investigators uncovered a pattern of improperly disclosed and unsupported fees paid to the company's affiliate, C2C Appraisal Services, HousingWire reported Nov. 19. Prospect will pay more than $10 million in fines and restitution.

 
Nov 18, 2015 12:30 PM

Study: Solar Energy Systems Boost Home Values

Homes with host-owned solar photovoltaic energy systems sell for a premium compared to homes without PV systems, according to a study authored by Appraisal Institute member Sandra K. Adomatis, SRA, and released Nov. 12 by the U.S. Department of Energy's Lawrence Berkeley National Laboratory

 
Nov 18, 2015 12:30 PM

Report: Gap Narrows between Appraiser, Homeowner Value Opinions

The discrepancy between appraiser and homeowner opinions of home values is shrinking, but October still was the ninth consecutive month in which homeowner estimates exceeded those of appraisers, Quicken Loans reported Nov. 10 in its Home Price Perception Index.

 
Nov 18, 2015 12:30 PM

Mortgage Rates Rise for Second Consecutive Week

Averaged fixed mortgage rates rose for the second consecutive week, amid continued expectations of a rate increase by the Federal Reserve and a stronger than expected October jobs report, Freddie Mac reported in its Primary Mortgage Market Survey on Nov. 12.

 
 
Results: 132 Articles found.

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