Share buybacks by large banks will likely remain subdued this year despite “encouraging” results from the Federal Reserve’s latest stress test, S&P Global Ratings said.
Category: News and Trends
MBA Premier Member Profile: Lenders One
One in a continuing series of profiles of Premier Members of the Mortgage Bankers Association.
Mortgage Credit Availability Increased in June
Mortgage credit availability increased in June according to the Mortgage Credit Availability Index, a report from the Mortgage Bankers Association that analyzes data from ICE Mortgage Technology.
Veros Forecast Sees Western Housing Markets Struggle; Further East Markets Shine
Veros Real Estate Solutions, Santa Ana, Calif. anticipates a strengthening housing market for the next year.
Black Knight: Home Prices Hit Record in May
Black Knight, Jacksonville, Fla., found in its Mortgage Monitor Report that its seasonally adjusted Home Price Index hit a new high in May, with the price decreases over the past year having fully reversed.
Large Banks Performed Well in Fed Stress Test: S&P Global Ratings
Share buybacks by large banks will likely remain subdued this year despite “encouraging” results from the Federal Reserve’s latest stress test, S&P Global Ratings said in a non-rating action titled “Banks Held Up Well In The Fed’s Stress Test, But They Likely Won’t Ramp Up Share Buybacks.”
MBA Human Resources Symposium September 6-7
MBA’s 2023 Human Resources Symposium is back in-person at the Hilton Arlington, Va.
Economy Adds 209,000 Jobs in June
Nonfarm employment increased by 209,000 in June, but the unemployment rate changed little at 3.6 percent, the U.S. Bureau of Labor Statistics reported Friday.
MBA Advocacy Update July 10, 2023
This week’s top legislative and policy news from the Mortgage Bankers Association.
MBA Chart of the Week July 10, 2023
The U.S. Census Bureau released updated construction spending survey data. Also referred to as the Value of Construction Put in Place, the survey covers all private residential construction and improvements, non-residential construction, and public construction.