The Wrap: Appraisal activity continues to pick up in second week of August

The Wrap: Appraisal activity continues to pick up in second week of August

New this week: The Appraisal Foundation joins HW and looks at challenges of green valuation

What should you do if your Realtor has a family emergency?

But you’re ready to make an offer now

Trending Thursday: Fed chills on Great Fall of China?

Plus bringing private capital back to Fannie, Freddie and more
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Items Tagged with 'QM'

ARTICLES

Dodd-Frank continues to smother mortgage lending

ABA survey: 78% say less credit available, 1/3 only do QM
The Consumer Financial Protection Bureau’s mortgage lending rules continue to cause a reduction in credit availability, with 19% of mortgage lenders surveyed saying the impact is “severe.” Want to know more?
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Democrats push new bill allowing community banks to exceed QM rule

Bill has broad support among Democratic committee members
The leading Democrats on both the Senate Banking Committee and the House Financial Services Committee are pushing a new bill designed to provide regulatory relief to community banks and increase consumer protections. Most notable among the bill’s provisions is a stipulation that would allow smaller banks to exceed the QM rules while still qualifying for QM Safe Harbor.
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Student debt costs housing $83B a year

Analysts: Skyrocketing higher ed costs create enormous drag
For more than a year HousingWire has been reporting on the link between high levels of student loan debt and the struggling housing recovery. Now there is a real value. And it's staggering.
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NAR fights in support of mini-correspondent lenders

Urges CFPB not to restrict access to credit
The National Association of Realtors is urging the Consumer Financial Protection Bureau not to disrupt the imperative role mini correspondent lenders play in the home-buying process for Realtors. Too many rules can impede the process as much as too little, NAR warns.
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MountainView set to invest in “non-prime” mortgages

Seeks to capitalize on underserved market
“The company is responding to demand in the origination market that is not being met by lenders who have significantly tightened underwriting requirements and are adversely affecting consumers who can in fact demonstrate the ability to repay their home loans,” MountainView said in a release.
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