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Timing of Bank Capital Re-Proposal Unclear

September 26, 2024
Brandon Ivey
A Fed board member recently outlined plans for re-proposing bank capital requirements. The FDIC appears to be running into complications.
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Housing Counselors Urged to Guide Buyers on Agent Commissions

September 26, 2024
Monica Hogan
Some industry players fear changes to how buyer agent commissions are paid will lead many Black homebuyers to forego representation.
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Mortgage Market Adjusts Following Fed’s 50-BP Rate Cut

September 19, 2024
James Dohnert
The Federal Reserve announced a 50-basis-point reduction in the federal funds rate this week. Interest rates on mortgages have come down by more than that in recent weeks in anticipation of the Fed’s move.
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Bank Capital Re-Proposal Plan Brings Relief — and Uncertainty

September 19, 2024
Brandon Ivey
More than a week after a Fed official outlined a planned re-proposal to adjust capital requirements for large banks, industry participants are still waiting for the formal document.
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Private-Equity Money and MSRs: Mostly Heaven?

September 19, 2024
Paul Muolo
Private-equity firms still love MSRs, apparently. But will declining mortgage rates diminish PE demand for servicing?
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Nonbanks Expect Home Equity Lending to Flourish

September 19, 2024
Brandon Ivey
Borrower demand for home equity loans is expected to continue even as interest rates decline. Meanwhile, nonbank lenders are working to compete with depository institutions for the production.
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CFPB’s Reverse Redlining Charges Against Texas Lender Dismissed

September 19, 2024
Shannon Clark
The CFPB has 30 days to amend its complaint against Loan Originator Services as part of a fair lending lawsuit filed against a Texas-based developer and lender, Colony Ridge.
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HUD Partners With Zillow to Promote Counseling Services

September 19, 2024
Monica Hogan
Zillow will advertise on its platform a HUD campaign that seeks to create awareness of the availability of housing counseling services.
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Senate Republicans Introduce Housing Policy Reform Bill

September 19, 2024
Shannon Clark
The Renewing Opportunity in the American Dream to Housing Act seeks to improve housing counseling and financial literacy programs.
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Re-Proposed Basel III Endgame Will Have Concessions for Mortgages

September 12, 2024
Dennis Hollier
Federal regulators are set to re-propose Basel III capital requirements for large banks. Federal Reserve Vice Chair Michael Barr will recommend eliminating a proposed 20% risk-weighting add-on for mortgages.
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