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Housing Wire
MARCH 7, 2024
Powell acknowledged the mounting opposition to Basel III from the banking sector, assuring lawmakers of forthcoming broad revisions to the regulatory framework that is aimed at recalibrating risk assessment methodologies and capital reserves. banks to earmark billions more in capital reserves.
Housing Wire
JANUARY 25, 2024
Senate Committee on Banking, Housing and Urban Affairs held a hearing on Thursday that focused on the reauthorization of the National Flood Insurance Program (NFIP), showing that its bipartisan support is generally intact. Robert Menendez (D-N.J.) both expressed concerns about the cost of NFIP-associated premiums.
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Housing Wire
APRIL 7, 2023
The fall of Silicon Valley Bank and the expectation of the fed to ease rate hikes resulted in a modest drop in mortgage rates in March,” the report states. “As Especially in a tight purchase market, MCT believes its methodology (using actual loans locked vs. applications) is a more reliable metric,” the company said.
Housing Wire
APRIL 7, 2023
Musk went on to comment that the rise in defaults among commercial and residential loans could “hammer” banks. This remark comes on the heels of the collapse of Silicon Valley Bank on March 10, the second-biggest bank failure in U.S. The original post made note of the fact that in the next five years, more than $2.5
Housing Wire
FEBRUARY 27, 2024
But before diving back in headfirst, it would be worthwhile for lenders to think through what the last two years of scarcity reveal about the normal working model of an independent mortgage bank (IMB). Last year, Floify commissioned an independent study of 150 high-performing loan originators (LOs) to gain recruiting and retention insights.
Housing Wire
MARCH 29, 2024
Anna Frankowska was recognized in 2017 as one of Forbes’ “ 30 Under 30 ” in Europe, having studied economics in London before moving to work in investment banking. But Frankowska believes that the counseling requirement itself is a “fantastic improvement” in the U.S. reverse mortgage space. Where to go from here?
Housing Wire
SEPTEMBER 30, 2021
PR: For the last 20+ years, the lender-placed tracking methodologies have remained largely stagnant. It’s more important than ever for your bank to invest in solutions to reach new consumers and meet their expectations of convenient, modern banking and lending. HW: How is Allied Solutions tackling these challenges?
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