Origination

A group of state regulators issued a paper calling on federal regulators to do a better job of exempting small banks from their regulations, including urging the CFPB to provide more exemptions for small banks to its qualified mortgage rule.

With the annual March 1 date looming for federal Home Mortgage Disclosure Act compliance, Texas Dow Employees Credit Union has successfully implemented an automated solution that saves time, money and beats the deadline.

The g-fee changes should encourage further return of private capital to the mortgage market, says Ed Demarco, as the price changes provide better protection of and return to taxpayers who are providing the capital support that keeps these companies operating.

This time of year is the right time for mortgage brokers and loan officers to get things in order.

Securitization of single-issuer pools falls to new lows.

The typical seasonal pattern is for bad loans to increase because of tight finances as a result of holiday spending.

As the real estate market continues to make a comeback, CUs are turning to a credit union service organization to help them book more loans.

Foreclosure inventory is down 31% nationally from one year ago, but this rate remains elevated relative to the pre-crisis level, says a CoreLogic economist.

Higher new home sales may involve discounts to entice buyers.

Banks are looking for investments and the guarantee fees for conforming loans keep rising, making the larger loans more appealing.