-
Profit in the first half of the year at the 11 Home Loan banks already exceeds 2022's total.
August 11 -
The company is rolling out a special-purpose credit program to help address what it describes as "the biggest barriers to achieving homeownership." Such programs are gaining popularity among banks.
August 10 -
But a Zillow economist argues that there's plenty of evidence suggesting strong GDP and job growth had more to do with the increase than what Fitch did.
August 3 -
Critics of the Federal Home Loan banks fundamentally misunderstand the purpose and necessity of the system.
August 3McCarter & English -
Gateway First Bank, a former nonbank home lender, rode the pandemic era's mortgage wave to No. 1 on American Banker's latest list of top-performing banks based on full-year 2022 data. Now it has to cope with the housing market slowdown.
July 31 -
The top five community banks have more than $670 million in combined home equity loan portfolios as of March 31, 2023.
July 31 -
Consumer advocates are protesting specific risk-weighting changes affecting borrowers with lower down payments. Also, a broader increase in requirements may discourage depository holdings of servicing.
July 28 -
There's divergence of opinions between one more rate hike this cycle and no further actions.
July 27 -
The 30-year fixed, which was threatening going above 7% again according to Freddie Mac data, was 18 basis points lower this week.
July 20 -
The bank said it would continue to make multifamily loans to current customers that have depository or other bank relationships. The move comes amid rising concerns about the impact of high interest rates on the apartment sector.
July 20