Cordray, Watt: Mortgage industry matures to meet new regulatory framework

Beginning in 2016, FHFA expects to add two new exclusions – loans for low-income apartments in rural areas and loans for energy efficiency improvements that meet our eligibility criteria. Our Scorecard priorities as conservator align with the housing goals regulation we recently finalized for 2015-2017 .

Wealth Migrate, (KPMG Global Fintech Top 50), a global online real estate marketplace, today announced the opening of a new office in the U.K. and the appointment of a new country CEO, as the firm continues to build on its global presence as part of a strategy to meet growing demand from investors.

Dodd Frank Update was on hand as industry stakeholders discussed the mortgage implications of everything from federal monetary and fiscal policy to Ohio’s oil and natural gas boom. Read on to learn about some of the issues that are driving the mortgage debate in the Buckeye State and beyond.

Financial services legislative and regulatory update Mintz. In addition to these new powers, the bill would require the FHA to maintain higher capital reserves.. Financial services.

Changing market leaves investors cautious on housing At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

Capitol Briefing outlined last week all the reasons why House conservatives balked at the initial proposal, and the basic point still stands: A massive expenditure of taxpayer funds and intervention.

Freddie Mac: Mortgage rates remain steady Mortgage Rates Remain Steady The 30-year fixed rate loan stays at 4.45%. Freddie Mac’s (OTCQB: FMCC) Primary mortgage market survey , released Thursday, showed that rates remained flat after.

While the developments noted above lead us to believe the most serious problems are behind us as increased hiring and new industry. on its mortgage lending business. In addition, the Federal.

WK Banking & Finance Law Blog Thursday, February 25, 2016. Industry viewpoints.. the report noted that banking regulatory agencies had the legal authority they needed to stop much of the fraudulent and high-risk conduct that led to the 2008 financial crisis, but the failure to act.

Aided in its design by a team of 16 social psychologists, this new wrinkle on mortgage. escaped major regulatory oversight-perhaps, he believes, because regulators themselves are babes in the woods.

Today, this business represents 71% of our total primary mortgage. our industry, we continue to actively engage with key policymakers in Washington. From a regulatory perspective, we welcome the.

Financial Services Legislative and Regulatory Update Leading the Past Week. Yesterday marked the 3 rd Anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Now several.

Chicago area home prices up 14 percent in October The Consumer Price Index for All Urban Consumers (CPI-U) in the Chicago-Naperville-Elgin area decreased 0.4 percent in June, the U.S. Bureau of Labor Statistics reported today. Assistant Commissioner for regional operations charlene peiffer noted that food prices rose 0.1 percent and the energy.