Compliance & Regulation

As a result of the new qualified mortgage rule from the Consumer Financial Protection Bureau, nearly half (44%) of credit unions in a survey indicated they will cease originations of non-qualified mortgages, while another 44% will reduce originations.

News about the flood-tested endurance of a structure in the Chicago area is music to the ears of everyone who has witnessed any of the super storms that keep hitting our shores.

Most stocks in this publication’s Mortgage Industry Equity Composite lost some value during the day, with five exceptions.

Deutsche Bank AG and Nomura Holdings Inc. are urging caution as investors gorge on junk-rated commercial-mortgage bonds.

When it comes to counseling consumers on their financial health, home buying or home retention, an effective client management system can help with that process that takes place following an initial counseling session.

Richard Fisher, president of the Federal Reserve Bank of Dallas, urged the central bank to slow purchases of mortgage-backed securities to avoid disrupting the market.

Remember that the three most important words in a real estate deal are location, location, location.

A commercial real estate market recovery combined with fresh demand for apartments and office properties continue to push commercial property price indices up and commercial mortgage-backed securities default rates down.

Low yields and the short-term impact of a strategy shift involving its departure from an origination channel weighed on Pacific Mercantile Bancorp in the first quarter.

Small and midsize financial institutions and nonbanks look to steady their income stream by retaining servicing in lieu of servicing release premiums.