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Fixed-rate mortgages moved even lower this week
Industry has reason for optimism with previously owned homes rising by 1.3% in July
Demand for housing loans increase by 16%
New proposal would also reduce paperwork burdens
British bank expected to sell between £3 billion and £4 billion of loans to raise capital
Impact of CRE exposure on community banks has overshadowed the risk to larger banks
New report found 70% of Americans feel renting could impact their current and long-term finances
Mortgage rates dropped to 7.08% on 30-year fixed-rate mortgages from 7.18%
The regulator found servicers charging illegal junk fees and violating loss mitigation rules
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Webinar:

Customer Onboarding, Fraud Prevention, and Digital Banking Transformation

Tuesday, October 1st, 2024, at 2:00 pm ET

Banking Exchange will host a crucial webinar exploring key issues and trends in the banking and financial services sector. We will welcome John Baird, a leading expert on the application of identity verification technology in banking.

This discussion will focus on customer onboarding, fraud prevention, and digital banking transformation, providing actionable insights and strategies for banks to enhance customer acquisition and operational efficiency while adapting to evolving regulatory and technological demands.

Mr. Baird will spark discussion of hot topics impacting the performance of banks:

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This webinar is brought to you by:

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