loanDepot officially files for IPO

loanDepot officially files for IPO

Number of shares, price range to be determined

Did Sen. Corker violate SEC rules, Senate ethics by telling investors to short GSEs?

Made questionable remarks on CNBC regarding stocks

House passes bipartisan TRID grace period bill 303-121

Next comes Senate, then looming threat of veto from White House
Lending / The Ticker

JPMorgan eases lending standards

States start to recover


According to Bloomberg, JPMorgan Chase (JPM) decided to ease its mortgage lending standards in the housing markets that were hit hardest by the financial crisis.

The bank lowered some down payment requirements in Florida, Nevada, Arizona and Michigan because they will “no longer be considered distressed states,” it informed smaller lenders it buys loans from in July. The second-largest U.S. mortgage lender also loosened underwriting requirements for a refinancing program for Federal Housing Administration borrowers.

Source: Bloomberg
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus