Daily Newsletter: Wednesday September 7, 2022 – Mortgage News Daily

Daily Newsletter: Wednesday September 7, 2022 – Mortgage News Daily

… Recaps the Day's Latest News and Market Commentary; Mortgage Rate and … Interest rates displayed are national averages and for informational
See Original Article

Banking trade group "strongly" opposes nonbank membership in FHLB system

An influential banking trade group this week argued that the Federal Housing Finance Administration (FHFA) should not permit nonbank lenders and
See Original Article

Report: Housing Market Cooldown to Last Through Fall – DSNews

A new report from HouseCanary found the housing market cooldown that appeared over the last few months will continue, shifting more of the market
See Original Article

Mortgage Refinance Rates Today, September 8, 2022 | Rates Still Higher Than 6% – Time

Compare refinance rates for a wide range of different loans here. Refi Rate Forecast: What Determines Changes in Mortgage Rates? In July
See Original Article

Fifth Third Bank denies mistreating Black casino winner – Detroit Free Press

Fifth Third Bank says a Black casino winner's claim that she was mistreated at the bank was a misunderstanding.
See Original Article

FDIC: Bank net income down but sector shows signs of strength

ABA Chief Economist Sayee Srinivasan said the FDIC assessment reveals a strong banking sector that continues to support the economy.
See Original Article

Truist taps insider as CFO as Bible retires – Banking Dive

Dive Brief: Truist tapped Mike Maguire, its chief consumer finance and payments officer, to become its next CFO, effective Sept. 15, the bank said
See Original Article

Banking transfer is bumpy for some new M&T Bank customers – VTDigger

M&T Bank, which acquired People's in April, transferred the accounts into a combined banking system over Labor Day weekend, according to Michael
See Original Article

Bank of America to fund Black, Latino low-income financial institutions | The Hill

FILE – A Bank of America logo is displayed at a branch office in Palo Alto, … communities that have little or no access to traditional banking.
See Original Article

Mortgage rates close in on 6%, highest since 2008 – AOL

The rate on the 30-year fixed mortgage jumped to 5.89% from 5.66% the week prior, according to Freddie Mac.
See Original Article

Busey Bank names EVP for Indiana – REJournals

Watson began his formal banking career in 1988 at JP Morgan Chase in Indianapolis as a Commercial Banking Officer. He joined PNC Bank in 1998, where
See Original Article

Long-term mortgage rates now at highest point since 2008 – Star Tribune

Mortgage buyer Freddie Mac reported Thursday that the 30-year rate jumped … rates have added hundreds of dollars to monthly mortgage payments.
See Original Article

Roundup: Perkins Road flooding / Mortgage rates / Graduate regrets

Mortgage buyer Freddie Mac reported this morning that the 30-year rate jumped to 5.89% from 5.66% last week. That's the highest the long-term rate has
See Original Article

HousingWire Honors DocMagic's Chief Compliance Officer Gavin T. Ales with 2022 Insiders Award

About HousingWire: HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation
See Original Article

Lessons Learned from Remote Supervision during Pandemic Could Inform Future Disruptions

During the COVID-19 pandemic, federal banking regulators couldn't examine most banks and credit unions in person. So, they changed certain
See Original Article

Senate Marijuana Banking Sponsor Gives Details About Forthcoming 'SAFE Plus' Reform Package

A key U.S. senator believes “it's time to close the deal” on a marijuana reform package that he says will include provisions to protect banks that
See Original Article

Banking risk monthly outlook: September 2022 – IHS Markit

Our banking risk experts provide insight into events impacting the … North African banks are likely to continue purchasing sovereign debt as
See Original Article

Relationships drive Nicole Van Zandt's mortgage business | Southern Denton County | Flower Mound

The same goes for every mortgage loan or contract which Van Zandt has been handling at Commercial Bank of Texas since 2018.
See Original Article

Rams Banking On Joe Noteboom To Protect Matthew Stafford – CBSSports.com

Ryan Harris joins Brandon Baylor to discuss the Rams banking on Joe Noteboom to protect Mathew Stafford.
See Original Article

'Wheel of Fortune' brings NASA technology to Season 40 – ABC News

Wheel of Fortune will begin its 40th season on Monday, featuring a brand-new puzzleboard that incorporates lidar technology used in the Mars
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.