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Issuance of securities backed by the ostensible Libor replacement hit by money market turmoil; Jho Low will surrender luxury assets.
October 31 -
Credit unions have achieved success in areas like auto and consumer loans but there is still room for them to increase their home lending.
October 23CU Direct -
As lawmakers tackle Fannie Mae and Freddie Mac, any revamp must lessen risk to the mortgage system and U.S. taxpayers.
October 21Treliant Risk Advisors -
Home prices have more than recovered since the recession, but higher-than-ever medical and student debt is robbing many homeowners from realizing the benefits, while keeping others away from the market, according to Zillow.
October 2 -
The three federal banking agencies moved to raise the threshold for residential transactions that require an appraisal from $250,000 to $400,000.
September 27 -
Readers sound off on climate change, the Federal Reserve's incoming real-time payments system, efforts for gender pay equity and more.
September 26 -
Industry groups are calling on the consumer bureau to eliminate the debt-to-income limit for “qualified mortgages” and provide a short-term extension of special treatment for Fannie- and Freddie-backed loans.
September 24 -
Hispanics will make up more than half of new homeowners by 2030, and credit unions need to actively market to this demographic, according to a panel discussion at Inclusiv's annual conference.
September 18 -
With the ongoing issue of the affordable housing crisis, the Mortgage Bankers Association – which many credit unions are members of – got behind the Build More Housing Near Transit Act, a bipartisan bill introduced in the House of Representatives.
September 16 -
JPMorgan CEO Jamie Dimon said at an investor conference that the Trump administration's plan for Fannie and Freddie would provide more opportunities for financial institutions. He also called for an end to the U.S.-China trade war and weighed in on the prospect of interest rates falling to zero.
September 10