mortgages

Banks and Thrifts with the Largest Portfolios of First Mortgages

06/26/17

On March 31, 2017. Dollars in thousands

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Buffett follows Goldman, B of A model in bailout for Home Capital

06/22/17

The billionaire investor agreed to buy shares at a deep discount and provide a fresh credit line for the Canadian mortgage company, tapping a formula he used to prop up lenders from Goldman Sachs to Bank of America.

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LendingTree acquires comparison-shopping site MagnifyMoney

06/21/17

Less than a week after buying a firm that helps consumers find the best deposit rates, the Charlotte company said it is paying up to $39.5 million for a site that grades banking products for simplicity and fee structure.

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Small banks could be erased from mortgage market thanks to Choice Act

06/21/17

The Financial Choice Act contains many positive reforms for community banks, but a provision affording benefits for holding loans on balance sheet poses risk for small lenders.

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Euro lending outpacing U.S.; JPM unfair to dads?

06/16/17

U.S. C&I loan growth has dropped below that of the eurozone for the first time in six years; bank employee says Chase discriminates against fathers when it comes to family leave.

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Highflying mortgage firm buys struggling black-owned bank

06/14/17

Movement Mortgage, which is looking to ramp up lending, recently recapitalized First State Bank in Danville, Va.

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'Training bankers, not sales people': Comments of the week

06/09/17

Readers chime in on banks being problem-solvers, Jamie Dimon’s ties to Trump, a new mortgage app, CFPB catching heat over the Wells Fargo account scandal, and more.

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FHA premium reduction remains on hold: Carson

06/08/17

HUD secretary Carson tells lawmakers that the FHA's capital ratio is on an "upward trajectory," but he hasn't made a decision on another premium reduction.

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Democrats wary of GOP flood insurance proposals

06/08/17

Democrats are raising concerns about a Republican push to transfer more of the risk of flood insurance to private insurers.

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Risks in uninsured Canadian mortgages on rise, may stem from reforms

06/08/17

Not only is the uninsured sector growing, but the Bank of Canada is seeing some riskier mortgages within that area as it studies recent disruptions in the market.

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