• Posted by jimbeech
    Tuesday, March 14 2017 at 2:30 AM
    Here is the link to the article: http://www.citylab.com/housing/2017/02/american-mobility-has-declined/514310/
  • Posted by jimbeech
    Tuesday, March 14 2017 at 2:29 AM
    Here is another article written today that is in complete contradiction to this article. "America the Stuck (Atlantic City Lab by Richard Florida). The Census reports that a record-low share of Americans are moving. A recent paper suggests government policies might be curbing mobility. Our ability to move to opportunity—our mobility—is a key factor in our own and our nation’s economic success. But the mobility of Americans has reached record lows, according the latest data from the U.S. Census
  • Posted by JC
    Monday, March 13 2017 at 6:05 PM
    What has happened with DF impacts all Consumers regardless of how they vote.I believe anyone who writes articles with this info should at least have some background in the inner workings of an office of Banker or Broker. Anyone who says this doesn't cost the consumer is misinformed. Most offices if not all now need a Compl Off for learning and teaching all staff; offices now run into EPO fees that have never been a factor b4 FD; more regs mean more employees = more costs=higher fees to consumer
  • Posted by T. Kish
    Monday, March 13 2017 at 5:19 PM
    Misleading, irresponsible and incorrect
  • Posted by J. Daniel
    Monday, March 13 2017 at 4:46 PM
    I can't believe that someone would post this using these claims. Of course lending and credit card issuance has gone up. There are thousands of new people every day coming of age, getting out into the world, getting jobs, and looking for credit. As a Realtor, I can tell for a fact, that it takes us more time, paper and effort to close a property with a loan than it did before F-D and it's all related to F-D and the regulations that have come from it's mandates. That cost people money.
  • Posted by MrPotter
    Monday, March 13 2017 at 3:49 PM
    Let's not let facts get in the way of a good narrative.
  • Posted by rblackwe
    Monday, March 13 2017 at 3:48 PM
    Beachbanker, Sincerely sorry to hear this. American Banker's purpose is to inform and educate bankers -- but that sometimes means they hear things they don't want to hear. We're not here to advocate for the industry, but to help sift through arguments to provide clear-sighted analysis. I think we've done that here. I'm happy to talk about this more via email (and off the record). You can reach me at rob.blackwell AT (the symbol) sourcemedia.com. Look forward to hearing from you! Rob
  • Posted by Beachbanker
    Monday, March 13 2017 at 2:43 PM
    I do not feel I need to show you the date, I live it everyday. I was under the belief that American Banker was a publication to inform and educate bankers. It appears that it is now just another media outlet with an agenda. I will not be renewing my subscription after 10 plus years. Thank you for informing me what you are here for.
  • Posted by jimbeech
    Monday, March 13 2017 at 2:21 PM
    I really like Kate Berry's articles. However, A more interesting question wasn't this: "what has the lending activity been since 2010"; but rather, the question might have been, "what should the lending activity have been since 2010." Another question might be, "Did we have previous recessions and recovery to compare this one against?"
  • Posted by jtetreault
    Monday, March 13 2017 at 12:20 PM
    I think there's a bit of smoke and mirrors happening here because of the bond market.... Are mortgages more expensive.... YES.... Nobody can dispute the increased cost of the higher regulatory burden.... but are those costs being passed on to the consumer in the form of higher interest rates? NO.... with the bond market pushing rates to all time lows, its hard to say its increased cost to consumers.... but how much lower could they have gone if not for the increased expense of more regulation?
  • Posted by rblackwe
    Monday, March 13 2017 at 10:29 AM
    So, re: an "agenda" or The Onion, here's the problem. American Banker's job is to deal in facts. Right now, the data doesn't appear to back up the claims that Republicans are making. Anecdotally, it may be true that many bankers say consumer face higher costs, but that's not the aggregate data we see. Please, if you want to have a rational discussion about this, avoid the conspiracy theories or "fake news!" claims. Just show us the data. -- Rob Blackwell, American Banker
  • Posted by BankerJoe
    Monday, March 13 2017 at 9:35 AM
    When looking at the availability of credit, the regulators and their acolytes will always refer to the dollar volume. To understand the impact of these regulations, you must look at the people served. Despite higher dollar volumes, fewer consumers have credit cards and mortgages, and significantly fewer subprime consumers.
  • Posted by Rod
    Monday, March 13 2017 at 9:29 AM
    Marc Jarsulic didnt answer the real question again and spun the typical buercratic answer, Costs ,closing costs have increased 45% to cover regulatory compliance and increased decline in loan approvals. EVERY inteligent mortgage professional knows this.
  • Posted by Hard Money
    Monday, March 13 2017 at 8:58 AM
    Agree with Beachbanker......almost thought I was reading a piece from "The Onion". Might be a good idea to vet your sources, or at least consider both sides of an issue...maybe even talk to a real banker.
  • Posted by Beachbanker
    Monday, March 13 2017 at 8:13 AM
    Once again, you continue to publish propoganda. Any banker knows it is more difficult to lend and some people are cut off from mortgages all together. I am starting to think this publication has an agenda that is not favorable to actual bankers.
  • Posted by Paulkupiec
    Monday, March 13 2017 at 7:29 AM