President Donald Trump's budget appears to reverse calls to wind down Fannie Mae and Freddie Mac.
News Headlines
May
26
2017
To protect the lender’s rate lock, the AMC should alert the lender to any potential problems and delays as soon as an...
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In our latest white paper, LRES Corporation provides more information on the proven best practices for successful AMC-Lender communication, which can be an effective hedge in protecting a lender’s valuable business referral network.
May
26
2017
Mobile appraisal apps—like eTrac ATOM—allow appraisers to receive and manage all of their orders directly from their...
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The proliferation of both mobile devices, and their many useful applications, has clearly demonstrated how businesses can leverage the power of mobile communications and computing to improve their overall productivity and revenue.
May
26
2017
The web of lending regulations that was tightened after the financial crisis has yet to be eased. Many households would...
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The main problem, according to consumer surveys and banking analysts, is that despite low interest rates, it's become harder to borrow.
May
26
2017
Specifically, the budget calls for improvements in the housing finance system, but not for the elimination of Fannie...
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President Donald Trump's budget appears to reverse calls to wind down Fannie Mae and Freddie Mac.
May
26
2017
The Federal Reserve will probably begin in October to shrink a balance sheet that swelled to $4.5 trillion after the...
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Fed officials said in minutes of the monetary policy committee's May meeting that they expect to use a system of gradually escalating caps on the amount pared from the central bank's holdings in order to avoid upheaval in financial markets.
May
25
2017
Cities have argued that those practices in the years leading up to last decade’s housing crash contributed to thousands...
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As those cases progress, they represent yet another way that the bank’s practice of opening unauthorized accounts for customers could come back to haunt it.
May
25
2017
According to the SEC, Thurman Bryant III (Trey) and his company, Bryant United Capital Funding, raised approximately $...
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Specifically, the SEC alleges that Bryant told investors that Bryant United Capital Funding would fund mortgages, which would then be immediately sold to third parties in exchange for a fixed fee.
May
25
2017
“There’s a movement towards open source technology which is less costly to operate and scales very effectively, so...
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Like all financial services, they are being rapidly changed by waves of technological innovation sweeping through industry – none more so than artificial intelligence and machine learning.
May
24
2017
The cuts in the proposal would effectively reduce the agency’s budget to zero. Offsetting funding, if any, from future...
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The Consumer Financial Protection Bureau would shrink drastically under the federal spending plan released May 23 by the Trump administration that assumes the agency will soon come under the regular appropriations process.