American Banker, Mar. 10, 2020–Kate Berry (subscription)Consumer Financial Protection Bureau Director Kathy Kraninger came under fire Tuesday from Senate Democrats who questioned what steps the bureau — and other regulators …
Category: Top National News
Mortgage Industry Braces for Impact as Coronavirus Fears Grow
National Mortgage Professional, Mar. 10, 2020–Eric C. PeckAs fear and panic rises daily due to more cases reported of the Coronavirus (COVID-19) outbreak, the Federal Reserve, Office of the Comptroller …
Mortgage Size Hurts Your Ability to Save Money, Most Americans Believe
Fox Business, Mar. 11, 2020–Megan HenneyBankrate.com found that 77 percent of homeowners think their mortgage size has limited how much cash they can stash away. Nearly two in five homeowners, …
Home Buying Hurdles for Persons with Disabilities
User1st, March 2020–Raegan BartloDigital accessibility ensures you reach the broadest, most diverse set of customers, provides those customers with the services they need, protects your organization’s reputation, improves users’ experience, …
Best Housing Market in a Decade Could Succumb to Coronavirus
Bloomberg, Mar. 10, 2020–Prasant Gopal, Noah BuhayarLow rates are not enough to lift housing as the odds of a recession grow.https://www.bloomberg.com/news/articles/2020-03-10/best-housing-market-in-a-decade-could-succumb-to-coronavirus?srnd=premium
Brown & Brown Strikes Deal to Buy Loan Protector’s Assets
National Mortgage News, Mar. 10, 2020–Bonnie Sinnock (subscription)https://www.nationalmortgagenews.com/news/brown-brown-strikes-deal-to-buy-loan-protectors-assets
Mortgage Credit Availability Falls in February
National Mortgage Professional, Mar. 10, 2020Mortgage credit availability decreased in February, according to the Mortgage Credit Availability Index, a report from the Mortgage Bankers Association that analyzes data from Ellie …
Wells Fargo’s Culture was ‘Broken,’ New CEO Tells Lawmakers
Washington Post, Mar. 10, 2020–Renae MerleWells Fargo had a “broken” culture and its leaders failed to address consumer abuses, the bank’s new CEO told lawmakers Tuesday. Charles Scharf is the …
Super-Low Interest Rates Disappear from Mortgage Comparison Sites
HousingWire, Mar. 10, 2020–Ben LaneA review of the top mortgage rate comparison sites (LendingTree, Bankrate, Zillow, Credit Karma and several others) shows lenders advertising rates well above the all-time low …
Policy Remedies for Coronavirus Appear Imminent
Commercial Property Executive, Mar. 10, 2020–Paul FiorillaCoronavirus’ impact on the commercial real estate market no longer seems limited to a handful of segments, such as hotels or industrial parks.https://www.cpexecutive.com/post/policy-remedies-for-coronavirus-appear-imminent/