MBA Newslinks Archive
MBA NewsLink Thursday, November 14, 2019
OCC’s Otting on CRA Timeline, Camels and Fintech Legal Battles
American Banker, Nov. 12, 2019–Brendan Pedersen (subscription)The three federal bank regulators usually try to issue rules jointly, but Comptroller of the Currency Joseph Otting on Tuesday pointed to two areas …
RealPage: The Size of the Average U.S. Household is Growing
HousingWire, Nov. 12, 2019–Julia FalconFor the first time since 1850, the average size of the U.S. household is on the rise, RealPage says.https://www.housingwire.com/articles/realpage-the-size-of-the-average-us-household-is-growing/
MBA Weekly Applications Rise in MBA Weekly Survey
Mortgage applications increased by nearly 10 percent from one week earlier, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending November 8.
House, Senate Bills Would Cap Consumer Loans at 36%
American Banker, Nov. 12, 2019–Paul Centopani (subscription)Sens. Sherrod Brown, D-Ohio, Jeff Merkley, D-Ore., Jack Reed, D-R.I., and Chris Van Hollen, D-Md., introduced the Veterans and Consumers Fair Credit Act to …
Fed May Defy History With Rates Steady Through 2020 Election
Bloomberg, Nov. 12, 2019–Christopher Condon, Rich MillerFederal Reserve Chairman Jerome Powell is likely to signal again this week that monetary policy is on hold, buttressing the belief that he may …
As CFPB Prepares to End QM Patch, Congress Tries to Soften the Blow
National Mortgage News, Nov. 12, 2019–Brendan Pedersen (subscription)Just as the Consumer Financial Protection Bureau wants to end a regulatory exemption for loans backed by Fannie Mae and Freddie Mac, some …
Boomers Want to Stay Home. Senior Housing Now Faces a Budding Glut
Wall Street Journal, Nov. 12, 2019–Peter Grant (subscription)The rise of technologies that help the elderly stay in their homes threatens to upend one of commercial real estate’s biggest bets: Aging …
Higher Level of Mortgage Credit Availability in October
National Mortgage Professional Magazine, Nov. 12, 2019–Phil HallMortgage credit availability was on the rise last month, according to new data from the Mortgage Bankers Association.https://nationalmortgageprofessional.com/news/72911/higher-level-mortgage-credit-availability-october