Mortgages with high home price-to-income ratios tend to perform worse than mortgages with lower PTI ratios, according to economists at the Federal Reserve. The analysts suggest that PTI ratios are a helpful tool for gauging mortgage risk by tracking housing affordability. “Banks that have greater exposure of mortgages to high PTI regions have higher mortgage delinquency and charge-off rates and significantly higher probabilities of failure, even after controlling for ...

The panel approved the bill on a partisan vote of 33 to 27. It was one of 13 bills advanced by the panel…

Certain originators and their vendors have expressed the need for more time to test systems and accurately implement the proposed changes…

The share price of online loan broker LendingTree is looking a bit pricey these days at $337.80 a unit...

There was plenty of activity at the Consumer Financial Protection Bureau over the last week, from continuing legal drama over the leadership of the agency to changes in enforcement activity and a possible regulatory roll-back.

The Supreme Court of the United States recently refused to take up a case that would have ad-dressed a split in the lower courts regarding mortgage underwriters and overtime. With conflicting cir-cuit court opinions on the matter, lenders face regulatory uncertainty about whether underwriters are entitled to overtime.

The CHLA repeated its plea that FHFA Director Mel Watt withhold GSE dividend payments to Treasury and allow Fannie and Freddie to build capital…

The way things stand today, the tax bill could be on track for final approval as soon as next week.

CUNA believes that legal arguments advanced by plaintiff Leandra English are nonsensical and unconstitutional.

In a new blog posting, Investors Unite asks the basic question: “Are Fannie’s and Freddie’s foes driving GSE reform?”