Lending

May 23, 2013
Fixed-mortgage rates continue to rise: Freddie Mac

Fixed-mortgage rates continued to climb for the third straight week, with the 30-year, fixed-rate mortgage slightly...

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Mortgage apps tumble, refis drop to lowest since late March

"The refinance index has fallen almost 19% over the past two weeks and is back to its lowest level since late March," said Mike Fratantoni, Mortgage Bankers Association vice president of research and economics.

ReWired

Regulatory burden: CFPB settles RESPA enforcement based on HUD statute, brought to light by the FDIC

The regulatory rabbit hole goes even deeper: "We find it interesting that, in seeking disgorgement, the CFPB appears to have relied on the remedies available under Dodd-Frank Section 1055 rather than RESPA," writes Richard Andreano Jr.

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