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
Servicing / The Ticker

Bank of New York Mellon profit rises 26%

/ Print / Reprints /
| Share More
/ Text Size+


Bank of New York Mellon Corp.'s (BK) fourth-quarter profit rose 26% as the trust bank increased its assets under management and custody while also posting a credit in its loan loss provisions. Trust banks act as custodians and servicers for corporations and Wall Street and make most of their money collecting fees for various servicing activities, leaving results heavily dependent on market forces.

Source: MarketWatch
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus