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Results: 685 Articles found.
Jan 17, 2018 12:30 PM

Louisiana Real Estate Appraisers Board Seeks Dismissal of FTC Complaint

The Federal Trade Commission announced Jan. 10 that it will hear oral arguments next month on motions filed by the FTC and the Louisiana Real Estate Appraisers Board. The LREAB in November filed a motion to dismiss the complaint filed against it by the FTC, while the FTC filed motions for partial summary judgment and for opposition to the LREAB's motion to dismiss.

 
Jan 17, 2018 12:30 PM

FDIC Survey Finds Fewer High-risk Banks, Newer Credit Risks

About one in 10 banks are considered high credit risk, a significant drop from 2010 when 42 percent of banks were high-risk, the Federal Deposit Insurance Corporation reported Jan. 10 in its credit survey, according to ABA Banking Journal. However, the survey identified new credit risks, including some affecting commercial real estate.

 
Jan 17, 2018 12:30 PM

Fed Mulls Significant Policy Changes

Markets are performing well, but Fed officials reportedly are concerned about another recession and are contemplating significant policy changes, including eliminating the 2 percent inflation target, CNBC reported Jan. 10. Another option under consideration: price-level targeting, where interest rates would remain lower for longer periods and avoid zero altogether.

 
Dec 06, 2017 12:30 PM

Bank Request for Appraisal Waiver has Huge Implications

A community bank in Tennessee has submitted a request to the Appraisal Subcommittee seeking a one-year waiver from appraisal regulation requirements to use a certified appraiser, the Appraisal Institute learned Nov. 29. If the waiver is approved, it would apply to all institutions, not just the requesting organization.

 
Sep 20, 2017 12:30 PM

Ginnie Mae Investigates Lenders for Targeting Military Members

Ginnie Mae is investigating allegations that lenders pressured current military members and veterans into unnecessary mortgage refinancing in order to reap high fees from the process, Bloomberg reported Sept. 14. The loans in question are tied to Ginnie securities, which support loans made through the U.S. Department of Veterans Affairs.

 
Mar 22, 2017 12:30 PM

Appraisal Institute Urges Caution on Appraisal Threshold

The Appraisal Institute on March 21 responded to the Federal Financial Institutions Examination Council's Joint Report to Congress by cautioning federal regulators against increasing from $250,000 to $400,000 the appraisal threshold for commercial real estate transactions. The report indicated the threshold for residential real estate transactions would remain unchanged.

 
Mar 08, 2017 12:30 PM

Detroit Offers Buyers Separate Purchase, Renovation Mortgages

Detroit Mayor Mike Duggan on Feb. 18 announced the city's new mortgage program, which allows borrowers to take out two mortgages when buying a home - one for the purchase price and one for renovations - and the combined mortgages can exceed the appraised value of the house, MarketWatch reported.

 
Feb 22, 2017 12:30 PM

Fed Sees CRE Valuations as 'Area of Concern'

Federal Reserve Chair Janet Yellen told Congress Feb. 14 during the central bank's semiannual Monetary Policy Report that commercial real estate valuations have been an increasing area of concern during the past year, Reuters reported. Yellen further noted that commercial property prices are a growing concern.

 
Feb 15, 2017 12:30 PM

Fed Expects to Unwind Trillions in MBS

Federal Reserve officials said the central bank may begin to reduce its mortgage-backed securities holdings, which total $1.75 trillion and were amassed as part of a quantitative easing program during the financial crisis, Bloomberg reported Feb. 5. However, some worry that the drawdown could harm the U.S. housing market.

 
Feb 15, 2017 12:30 PM

Investment in US Real Estate to Increase, KPMG Reports

Real estate executives said they plan to expand investments in the U.S. this year and anticipate continued growth beyond 2017, according to a study from financial advisory firm KPMG, MBA NewsLink reported Feb. 9. Fifty-two percent of executives said improving real estate fundamentals was their firm’s biggest driver of revenue growth.

 
 
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