Tag Archives: Mortgages

Bank card default rates went up by one basis point to 3.22 percent between February and January, according to S&P/Experian Consumer Credit Default Indices. February’s 3.22 percent default rate is a 44-month high, the highest rate since July 2013. Interest ...

Neel Kashkari, President of the Federal Reserve Bank of Minneapolis and former Assistant Secretary of the Treasury for Financial Stability, spoke about regulating banks, the Trump administration, and mortgages in Golden Valley, Minnesota.

The partnership allows both parties to continue providing platform improvements that are beneficial to their customers.

Although most consumers indicate that they had a positive homebuying experience, despite a more time consuming mortgage process, they also called attention to three things that banks need to improve on.

Financial hardships are keeping Americans tossing and turning at night, and mortgages are one the top concerns causing sleeplessness, according to a new CreditCards.com poll.

All told, more than half of the survey respondents said new TRID regulations have added five or more days to mortgage closing.

Homeowners eager to lower their mortgage payments by refinancing their home more than once have returned to the housing market. Their last debut occurred during the housing boom.

Mortgage loans in today's housing market are not keeping homebuyers happy, as they are most complained about product in the eighth volume of the Consumer Financial Protection Bureau's Monthly Complaint Report.

The proposed regulation will require the GSEs to serve three underserved markets including manufactured housing, affordable housing preservation, and rural markets.

As of August 1, 2015, the Bureau has handled 677,200 consumer complaints across all products in slightly more than four years of operation, according to the snapshot.