Origination

The Federal Deposit Insurance Corp. said in its quarterly banking profile that the banking industry remains resilient despite a challenging economic backdrop, but exposure to commercial real estate losses and interest rate risks could make continued stability difficult.

Those thinking about entering this space should consider whether they can build a sustainable operation in scale, niche or relationship lending, a report by Stratmor Group argues.

The enterprises should offer an indemnification in lieu of the practice of a repurchase demand for all performing loans, writes the Executive Director of Community Home Lenders of America.

The 30-year average for both conforming and jumbo loans jumped more than 20 basis points, according to the Mortgage Bankers Association.

The San Francisco-based bank is proactively managing its loan portfolio and working with borrowers to restructure terms with the goal of helping clients and minimizing risk, he said. 

Prospective borrowers are looking at cross-country moves more often than a different domicile within their city's borders, the real estate platform found.

But there are regional variations in housing markets across the country, the Federal Housing Finance Agency said.

Limited regulation and elevated volatility limit current activity, but new offerings are still finding their way to market.

People in the industry use the terms interchangeably, but Washington State is warning brokers that they are not the same and other regulators could follow.

The decrease between February and April came in far smaller than typical seasonal trends, Redfin said.