A new Office of Comptroller of the Currency (OCC) survey will give home builders and Realtors more reason to complain that banks are continuing to tightened their underwriting standards and choke off credit to homebuyers.
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Home prices increased by just under 1% in June from the prior month, marking the third consecutive monthly increase, according to new figures compiled by CoreLogic, Santa Ana, Calif.
August 3 -
Mortgage applications rose 7.1% in the week ending July 29 with both purchase and refinancing activity higher.
August 3 -
Federal officials should go easy on overriding state sovereignty by changing foreclosure laws without a legislative mandate, former U.S. Department of Urban Development (HUD) general counsel Robert Couch told a Senate panel on Tuesday.
August 3 -
A recent federal appeals court decision is likely to cause the delay of dozens of pending Dodd-Frank Act regulations.
August 3 -
The Senate nomination hearing for Richard Cordray, who's tabbed to become the first director of the Consumer Financial Protection Bureau (CFPB), has been postponed until Sept. 6.
August 3
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The ABS market is seeing autos dominate the market again with two deals from GE and Hyundai Capital America (HCA).
August 2 -
Barclays Capital promoted its head of European leveraged to cohead of EMEA leveraged finance, ASR sister publication Leveraged Finance News has confirmed.
August 2 -
Walker & Dunlop named Michelle Warner and Edward Williams as co-heads of its FHA finance division. They will be responsible for all aspects of the Federal Housing Adminstration (FHA) finance program.
August 2 -
The Mortgage Bankers Association (MBA) fears that when the Federal Housing Finance Agency (FHFA) finally unveils its servicing fee structure proposal it will contain just one compensation model, and is appealing to the agency to include more.
August 2 -
Fannie Mae purchased $41.4 billion of home mortgages from its seller/servicers in June, its best purchase month of the second quarter, and a sign that originations in the primary market may be on the upswing.
August 2 -
Fixed-income investment professionals are worried about the prospects for the U.S. economy and are becoming very concerned the continuing stagnation in the jobs market.
August 2 -
A scholarship fund in Bingham McCutchen partner Edward Gainor’s memory has been established by the law firm at his alma mater The George Washington University (GWU) Law School. Gainor died July 22 of a heart attack.
August 2