Journal

New data released on Tuesday has projected this year’s numbers for consumers opening new home equity lines of credit. Read on to find out what trends the data reports— and see what characteristics consumers who pursue HELOCs share.

With new leadership and new earnings in the third quarter, Bank of New York Mellon Corp. reports a net income of $983 million.

The U.S. Treasury released an 18-page analysis Monday disputing the CFPB’s arbitration rule, claiming the Bureau failed to evaluate if the arbitration clauses would protect consumer and public interest, which the report cites are the Bureau’s “two statutory mandates.”

The CFPB seeks to ensure consumers can share their data to third party companies, such as “fintech” firms, banks, and other financial institutions, with the peace of mind that their data is valued and protected.

In a report from Fitch Ratings, the agency shares a recent roundtable discussion focused on RMBS process improvements. See what the experts had to say here..

For the fifth consecutive month, the San Jose-Sunnyvale-Santa Clara, California CBSA is one of the best performing markets in the country, see what other markets topped the list . . .

It’s been a week since the OCC outlined its policies on downgrading a bank due to discriminatory or illegal credit practices. See what response the regulator has generated.

September experienced its first annual rise in mortgage delinquencies since July 2017. Learn why and what else the September data reveals . . .

CoreLogic analyzed the mortgage performance of different loan types and found which loan—the adjustable-rate mortgage or fixed-rate mortgage—has lower credit risk characteristics.

A successful career in real estate takes confidence, persistence, and a wealth of housing knowledge, but what professional skills do current agents claim to be the most important? Recent data cites that and more inside.