Google+
  • Ocwen7.44+0.18 +2.48%
  • Zillow24.66-0.20 -0.80%
  • Trulia47+0 +0%
  • NationStar16.72+0.04 +0.24%
  • CoreLogic37.95-0.32 -0.84%
  • RE/MAX36.68-0.02 -0.05%
  • Fannie Mae2.37+0.09 +3.95%
  • Freddie Mac2.26+0.08 +3.67%
  • Wells Fargo53.33-0.21 -0.39%
  • CitiMortgage53.48+0.20 +0.38%
  • Bank of America16.34-0.02 -0.12%
  • Fidelity National Financial36.41-0.47 -1.27%
  • First American38.86+0.04 +0.10%
  • AUDUSD=X0.7136+0.0026 +0.3657%
  • USDJPY=X120.8000-0.4350 -0.3588%
  • WP Stock Ticker
Home | Author Archives: Krista Franks Brock

Obama Stresses Nation’s Economic Growth in State of the Union Address

White-House

*+-"The shadow of crisis has passed, and the state of the union is strong," the president said early in his speech. The nation has experienced "the fastest economic growth in over a decade, our deficits cut by two-thirds, a stock market that has doubled, and health care inflation at its lowest rate in fifty years," Obama said. Obama touted the past year as "a breakthrough year for America" as job growth outpaced any year since 1999 and unemployment fell below pre-crisis levels.

Read More »

Survey Shows QM Rule’s Impact on Lending to be Minimal

cutting-money

*+-The Federal Reserve's recent Senior Loan Officer Survey, which explored the topic of lending in the post-QM/ability-to-repay environment, led to various interpretations of the rules' ultimate impact on mortgage lending so far. The survey found lending for prime residential mortgages at large banks has not changed much since the new rules went into effect.

Read More »

Survey: ATR, QM Aren’t Majorly Impacting Prime Mortgage Market

shadows-three

*+-The ability-to-repay and qualified mortgage (QM) rules that went into effect earlier this year are not having a significant impact on approvals of prime conforming residential mortgage loans, but they are impacting the jumbo and nontraditional loan markets, according to the July 2014 Senior Loan Officer Opinion Survey on Bank Lending Practices conducted by the Federal Reserve.

Read More »

Delinquencies Drop as Fannie Mae Book of Business Shrinks

fanniemae

*+-Fannie Mae's book of business decreased at a compound annualized rate of 1.7 percent over the month of June, slower than the previous month's rate of 2.4 percent but continuing a streak of decreases that has persisted all year so far. Year-to-date, Fannie Mae's book of business has declined at a compound annualized rate of 2.2 percent.

Read More »

Large Lenders Taking More Risk, Small Banks Cautious

property-inspection

*+-Credit standards at large lenders appear to be loosening somewhat, while criteria at small and mid-sized lenders appear to be tightening, according to a new survey from Fannie Mae. Fannie Mae surveyed executives at its lending customers during the first two quarters of this year for its first ever Mortgage Lender Sentiment Survey.

Read More »
Scroll To Top