mortgages

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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It’s not just banks with a stake in achieving regulatory relief

06/07/17

There is a great opportunity this year to show the world that Congress can still pass bipartisan, common-sense legislation that helps lift the U.S. economy.

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Bankers at odds over GSE recapitalization proposal

06/06/17

The ICBA backs a plan to recapitalize Fannie and Freddie through retained earnings and public offerings, but other groups see it as a self-interested proposal to help GSE stockholders.

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