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Banks Showing Stability, While Mortgage Rates Rise

Banks Showing Stability, While Mortgage Rates Rise

The Federal Reserve has had to weigh multiple economic concerns throughout the first five months of 2023
Republic Bank Exits Mortgage Origination in Lending Overhaul

Republic Bank Exits Mortgage Origination in Lending Overhaul

The Pennsylvania bank incurred heavy losses in Q1, partly as a result of the collapse of Signature Bank
Housing Market Declines in 2022 Fueled by Interest Rates unlikely to Stop

Housing Market Declines in 2022 Fueled by Interest Rates unlikely to Stop

The United States housing market peaked in June of 2022, but then declined by almost 5% in the second half of the year
Lower Interest Rates Bringing Some Life to Mortgage Activity

Lower Interest Rates Bringing Some Life to Mortgage Activity

It was the third straight week that mortgage demand grew
Banks, Regulators Push for Mortgage Rule Changes

Banks, Regulators Push for Mortgage Rule Changes

In separate initiatives, the ABA and CFPB are seeking to add to consumer protection measures related to mortgage lending
Watch Unemployment in 2023 as Key Indicator for Real Estate

Watch Unemployment in 2023 as Key Indicator for Real Estate

Aside from rising interest rates, experts are siting other factors when it comes to the real estate
SPAC Targets Bank in Blockchain Push

SPAC Targets Bank in Blockchain Push

San Francisco-based acquisition company in talks to buy a bank holding company
Under the strain of increasing regulatory pressure? Here’s how compliance automation can help

Under the strain of increasing regulatory pressure? Here’s how compliance automation can help

Fair lending compliance is a critical risk area for banks today, with scrutiny from government regulators only intensifying
Mortgage Firm Closure Spells Headache for Sterling Bank

Mortgage Firm Closure Spells Headache for Sterling Bank

Promontory MortgagePath has decided to shut its doors to new business due to difficult market conditions
Wells Fargo Signals Mortgage Industry Concerns

Wells Fargo Signals Mortgage Industry Concerns

Wells Fargo dropped to about 18,000 loans in progress, a dramatic change from one year ago
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