FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Game changer? Quicken Loans takes mortgage lending fully digital

Launches Rocket Mortgage

Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google
Lending / The Ticker

Stanford finance professor's housing solution gains ground

New book helps garner support


Anat Admati, the Stanford finance professor, is becoming a more prominent figure in finances and in Washington, especially with her recent book, “The Bankers’ New Clothes: What’s Wrong With Banking and What to Do About It.” She even left a copy in the hands of President Obama last month.  Per The New York Times:

Ms. Admati’s simple message is that the government is overlooking the best way to strengthen the financial system. Regulators, she says, need to worry less about what banks do with their money, and more about where the money comes from.

Her solution is to make banks behave more like other companies by forcing them to reduce sharply their reliance on borrowed money. That would likely make the banking industry more stodgy and less profitable — reducing the economic risks, the executive bonuses and, for shareholders, both the risks and the profits.

Source: NYT
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