Mortgage Loan

By Meg Sczyrba, CRCM Natural disasters have become more commonplace, because of climate change. While events such as floods, wildfires, droughts and ocean acidification might feel far taken off our world of...

Nonbank mortgage brokers are carving out an increasingly large area of the mortgage space, originating58.9 % of U.S. mortgagesin 2022 and 68.1 % in 2022. As customers have increased their adoption of...

Q.Executive management would like to institute an insurance policy that if credit cards applicant is denied due to a credit freeze you would be unable to ever reapply for credit using the...

Millions of homeowners are anticipated to exit forbearance programs this fall and winter, with many behind on their own mortgage payments, and mortgage servicers have to be ready. Indeed, in the headline...

By Diana Banks The American Bankers Association is alerting bankers to some potential disruption associated with flood insurance due to FEMA's \"Risk Rating 2.0\" program. The program is really a new pricing...

The Federal Financial Institutions Examination Council today released the 2022 Mortgage Disclosure Act data on mortgage lending transactions at 4,338 banking institutions. The data encompasses 23.3 million mortgage applications. Of those, 21.A...

The performance of first-lien mortgages in the federal banking system improved throughout the first quarter of 2022, according to an OCC report issued today. The OCC Mortgage Metrics Report showed that 96.9%...

The American Bankers Association has joined the nation's Housing Conference, a nonpartisan affordable housing advocacy nonprofit with a diverse membership base which includes consumer groups, national and native housing organizations, homebuilders, banks,...

Lending standards for loans tightened during the second quarter of 2022, according to the Federal Reserve's senior loan officer opinion survey released today. Lenders also reported no change in standards for consumer...