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Volume 19 - Number 1

December 30, 2014

Downloads Available: Bank Mortgage Sales Activity - 9M14 (100 Banks/Thrifts)

Bank Mortgage Sales Spiked in 3Q14

Commercial banks and thrifts sold some $175.6 billion of home mortgages during the third quarter of 2014, a healthy 25.4 percent increase from the prior quarter, according to a new Inside Mortgage Trends analysis of call-report data. Despite the bump in loan sales and mortgage originations, the banking industry reported a modest 4.9 percent drop in mortgage-banking income during the third quarter. And there was relatively little left in the tank as the market ... [Includes one data chart]

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What’s your opinion on how Mick Mulvaney has managed the CFPB since he took over three months ago?

He’s done a good job of paring back the agency’s excesses and we’d like to see more.
I hope he totally dismantles the agency and sends those functions back to the agencies hence they came.
Not bad, but he needs to take his time making additional changes.
We’re totally aghast. He’s gone way too far in protecting the rights of companies not consumers!

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