Mortgage application defects keep rising

Mortgage application defects keep rising

Michigan, Florida, Texas lead First American application defect index

Monday Morning Cup of Coffee: When will mortgage lending pick up?

Plus, more on the future of Fannie and Freddie

Fannie Mae: 3 reasons why this oil glut won't crash housing

It isn't the 1980s anymore
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Items Tagged with 'American Bankers Association'

ARTICLES

SCOTUS agrees to hear challenge to disparate impact in housing

Decision in Texas housing case could rock housing, mortgage financing
For the third time, the U.S. Supreme Court has assented to hear a case that could overturn the Obama administration’s heavy-handed use of a theory that says even if there’s no evidence of discrimination in housing, unequal outcomes prove there’s discrimination.
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Could the post office get into the mortgage business?

It’s not as crazy as you might think

For consumers, having a little more choice in banking wouldn’t be the worst thing in the world. We’ve certainly seen what banks can do when left to their own devices. But on the other hand, it’s not like the post office is a bastion of economic excellence either.


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ABA, SunTrust launch new mortgage program

Expands banker’s ability to serve clients
A new solution through the American Bankers Association gives bankers an extra lifeline to help support their clients by allowing bankers to sell mortgage loans to SunTrust as a correspondent lender.
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5 ways the Volcker rule will destroy job creation

Compliance nightmare blocks capital for the engine of job creation
The Volcker Rule's labyrinth of rules and pointless regulations will turn off the tap of credit and capital to start-ups and small businesses — the source of most job creation — at a time when job creation is needed most and hits community banks good and hard.
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Systemic Regulator Talks Get Bankers Talking

As the discussions around toxic loans held on banks' balance sheets and their appropriate buyers escalates this week, another hot button issue -- the regulation of the banks themselves -- prompted at least one industry group to speak up on behalf of banks.
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