mortgages

Cash-out refis back in demand, raising credit concerns

02/09/17

The rise in home values is good news for homeowners looking to tap the equity in their homes to pay down debt or make big purchases, but some consumer groups fear it could lead to a new wave of loan defaults.

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William Cooper, retail banking innovator, dies at 73

02/08/17

Cooper built TCF into a Midwestern powerhouse by targeting what he called the “Joe Lunch-Bucket crowd.”

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Flagstar to buy correspondent lending platform from Stearns

02/06/17

The deal includes about 250 correspondent relationships accounting for more than $7 billion of annual agency and governmental residential mortgage loan production.

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Explicit federal guarantee is key to ending GSE conservatorship

02/02/17

An explicit government guarantee of Fannie Mae and Freddie Mac is imperative to reform the secondary market, but it needs to be carefully circumscribed.

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Citi continues to simplify, shrink with mortgage servicing exit

01/30/17

Citigroup's decision to exit mortgage servicing by the end of 2018 is part of a long-term strategy to increase returns and sharpen the bank's focus on its core retail customers.

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Citigroup exiting mortgage servicing; Wells looks to muffle shareholders

01/30/17

Citi is close to deals to sell its customer and non-customer servicing portfolios; Wells tries to limit investor resolutions in its annual meeting proxy materials.

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Credit Unions with the Largest Portfolios of Home Equity Loans

01/25/17

On Sept. 30, 2016. Dollars in thousands.

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Credit Unions with the Largest Portfolios of First Mortgage Loans

01/25/17

On Sept. 30, 2016. Dollars in thousands.

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Flagstar misses estimates as mortgage production slows

01/24/17

Mortgage lending was "challenging" in the fourth quarter, but the Troy, Mich., company showed strong growth in commercial loans

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Zions' 4Q profit climbs 42% on loan, fee growth

01/23/17

Net income was also aided by a sharp drop in the provision for credit losses as chargeoffs on energy loans continued to decline.

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