mortgages

NCUA’s appraisal plan ignores lessons of last crisis

05/09/19

The credit union regulator’s proposal to raise the threshold for home-sale appraisals to $1 million could introduce more risk into the financial system, particularly if bank regulators follow suit.

[more]

Another advisor turns on Deutsche; Financial tools for sandwich generation

05/09/19

ECGS urges investors to oust the chairman and three executives; financial companies using AI to help adults manage their elderly parents’ finances.

[more]

New Mexico bank to exit mortgage lending

05/07/19

Bank 34 will no longer sell mortgages in the secondary market as it looks to reduce its reliance on volatile revenue streams.

[more]

Dear CFPB: Let the QM ‘patch’ expire

05/07/19

A GSE exemption in the bureau’s “qualified mortgage” rule is set to sunset in 2021, and regulators should not try to extend it as some experts have suggested.

[more]

Berkshire Hills exiting national mortgages, indirect auto

04/30/19

The Boston company gained the mortgage platform when it bought First Choice in 2017.

[more]

Activist investor to fight for HomeStreet board seats

04/23/19

Blue Lion Capital, which has been critical of the Seattle company in recent years, has nominated two individuals to become directors.

[more]

Bank of Hawaii expects boost from Southwest's new flights

04/22/19

The bank is expecting to benefit from the discount airline's first flights to the Aloha State even as a white-hot local housing market starts to cool.

[more]

What BB&T, SunTrust have spent on their merger efforts

04/18/19

Tens of millions of dollars of M&A costs and a decline in mortgage activity offset higher loan income in the first quarter at the two banks, which also offered a timeline for their rebranding and shareholder votes.

[more]

M&T’s challenge: Funding loan growth

04/15/19

The bank’s CFO says it has enough liquidity to meet loan demand in the short term, but how long can it keep its loan-to-deposit ratio below 100%?

[more]

Insights — including Dimon’s sour take on mortgages — from JPMorgan’s 1Q

04/12/19

JPMorgan Chase's banner quarter didn't stop executives from warning that the pause in rate hikes could crimp profits, or from hinting that the bank might downsize its mammoth mortgage operation.

[more]