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Lending


Agencies Issue Proposal on Minimum Requirements for Appraisal Management Companies

March 24 - Six agencies have issued a proposed rule that would implement minimum requirements for state registration and supervision of appraisal management companies (AMCs). An AMC is an entity that...


FHFA Announces $885 Million Settlement With Credit Suisse

March 21 - The Federal Housing Finance Agency, as conservator of Fannie Mae and Freddie Mac, announced it has reached a settlement with Credit Suisse, related companies and specifically named...


Fixed Mortgage Rates Continue Down

Feb. 6 - Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), reflecting that weaker housing data is putting downward pressure on average fixed mortgage rates.

News...


Admirals Bank Offers Residential Solar Financing to Foster a Sustainable North Carolina Community

Feb. 4 - On Jan. 30, 2014, an information session was held at the Eno River Unitarian Universalist Fellowship of Durham to generate interest among homeowners within the Durham City limits who may...


Disparate Impact Remains Fair Lending Risk to Banks

Lenders seeking judicial relief from the Consumer Financial Protection Bureauís heightened enforcement of the Equal Credit Opportunity Act were left disappointed by the settlement of Mt. Holly v. Mt....


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