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Results: 139 Articles found.
Mar 23, 2016 12:30 PM

Report: TRID Slashes Mortgage Profits

The net gain on mortgages originated by lenders dropped 60 percent during the fourth quarter due to implementation of the TILA-RESPA Integrated Disclosures Rule, according to the Mortgage Bankers Association’s Mortgage Bankers Performance Report, HousingWire reported March 17.

 
Mar 23, 2016 12:30 PM

FHA Unveils Certification Revisions to Ease Bank Fears

The Federal Housing Administration on March 16 released final revisions to its certification requirements hoping to appease lenders that have stopped making FHA loans or have implemented harsher credit standards, Scotsman Guide reported. Lenders previously expressed concerns that FHA certifications exposed them to buyback demands when loans defaulted.

 
Mar 16, 2016 12:30 PM

CFPB: Mortgage Credit Remains Too Tight

Consumer Financial Protection Bureau Director Richard Cordray stated in a March 9 speech in Washington that mortgage lending practices have noticeably improved in the years since the financial crisis, but that mortgage credit continues to be too tight, DS News reported.

 
Mar 16, 2016 12:30 PM

Gap Widens Between Appraiser, Homeowner Value Opinions

The difference between appraiser and homeowner opinions of home value increased during the past month - just as the two sides appeared to be closing the gap, Quicken Loans reported March 8 in its Home Price Perception Index. Appraised values were almost 2 percent lower than homeowner expectations.

 
Mar 16, 2016 12:30 PM

Mortgage Rates Look Favorable for Spring Home Buying

Average fixed mortgage rates moved higher last week for the second consecutive week, as a solid February employment report boosted Treasury yields, making mortgage rates attractive for the upcoming spring home-buying season, Freddie Mac reported March 10 in its Primary Mortgage Market Survey.

 
Mar 09, 2016 11:30 PM

FDIC to Banks: Use Valuations to Assess Foreclosures

The Federal Deposit Insurance Corporation on March 2 issued a letter on foreclosure policies and procedures to financial institutions reminding them to obtain the best practicable information on the market value of real estate subject to foreclosure and to use current valuation information to assess the viability of foreclosure proceedings.

 
Mar 09, 2016 12:30 PM

Kansas Supreme Court Rejects Law on Tax Valuation Increases

The Kansas Supreme Court on Feb. 25 struck down a state law that imposed a two-year moratorium on increases in tax valuation for citizens who requested and won a valuation appeal, the Topeka Capital-Journal reported. The court ruled that the law violated the guarantee of "uniform and equal" property valuation and taxation.

 
Mar 02, 2016 12:30 PM

FHFA: Lack of Capital Biggest Risk to Fannie, Freddie

Lack of capital is the biggest risk facing government-sponsored enterprises Fannie Mae and Freddie Mac and the one with the potential to further escalate, Federal Housing Finance Agency Director Mel Watt stated in a Feb. 18 speech at the Bipartisan Policy Center in Washington, HousingWire reported.

 
Mar 02, 2016 12:30 PM

4 Legislative Issues Making CRE Market Vulnerable

Commercial real estate broker Sperry Van Ness noted in its report on pending federal, state and municipal legislation, that four specific legislative items have the potential to adversely affect commercial real estate, Bisnow reported Feb. 22.

 
Mar 02, 2016 12:30 PM

Green Construction Continues to Grow

Builders are going even greener, with more than one third of them saying that green buildings will account for more than 60 percent of their projects by 2018, according to the World Green Building Trends report from the U.S. Green Building Council and Dodge Data and Analytics, Eco Building Pulse reported Feb. 22.

 
 
Results: 139 Articles found.

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