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Federal Deposit Insurance Corp. Vice Chair Travis Hill has called for a full reproposal of the Basel III endgame capital standards, emphasizing the need for joint advancement by all three major federal banking agencies and an additional comment period for industry feedback.
July 24 -
Government data reports from June, though, point to an inauspicious start for new construction in the current quarter.
July 24 -
Rent growth will see a decrease of 2.7% and the vacancy rate will grow to 6%, Freddie Mac predicts.
July 24 -
ACNB is acquiring Traditions Bancorp in an in-market deal where the latter's mortgage ops will add to its insurance and wealth management units.
July 24 -
In considering the purchase of new digital mortgage tools, look at technology through the eyes of borrowers and how it can help ease their anxiety, originators say.
July 24 -
Forbearance rose for the first time since October 2022 in one report. Delinquencies jumped from a near-record low in another. Experts debate the ramifications.
July 24 -
Sales of new U.S. homes unexpectedly declined for a second month in June as the mix of stubbornly high mortgage rates and prices deterred prospective buyers.
July 24 -
While the number of refinances saw a small uptick last week, purchase lending languished as housing costs keep buyers sidelined, the Mortgage Bankers Association said.
July 24 -
Climate change is leading to an increase in frequency of catastrophic weather events, causing property damage and issues with homeowners insurance.
July 24 -
Sluggish gain-on-sale margins however were the result of competitive pricing in the market, the company said.
July 23