Fed will seek more capital from largest US banks: Tarullo

Fed will seek more capital from largest US banks: Tarullo

WASHINGTON The Federal Reserve will seek significantly more capital from the largest U.S. banks and give some relief to smaller banks as it
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Ep. 745 The Economics of Fractional-Reserve Banking

Fractional-reserve banking, in which only a fraction of demand deposits are available on demand (the rest being lent out), has been a source of
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Lending Club Names Russell S. Elmer as General Counsel

26, 2016 /PRNewswire/ — Lending Club (NYSE: LC), the world's largest online marketplace connecting borrowers and investors, announced today
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Experts: Drop in rents show cooling market: National data may indicate decline or temporary blip in …

… National data may indicate decline or temporary blip in upward trend … Indicative of his position is data offered by real estate information company
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Freddie Mac Continues To Innovate Its CRT Program

Government-sponsored enterprise (GSE) Freddie Mac says it has developed a new front-end credit risk transfer (CRT) offering, Freddie Mac Deep MI
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Seasoned Reverse Mortgages Push August HMBS to 2016 High

Issuers of Home Equity Conversion Mortgage-backed securities (HMBS) created approximately $996 million in new HMBS pools during August 2016,
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Are US homeowners stuck in their starter homes?

Fannie Mae and Freddie Mac are the two largest GSEs. A FHA loan is insured by the government agency, and is very popular with first-time home
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Robert Cruz of Intero Real Estate Services to Be Installed as President of NAHREP Silicon Valley

CUPERTINO, Calif.–(BUSINESS WIRE)–Intero Real Estate Services, Inc., a Berkshire Hathaway affiliate and wholly owned subsidiary of
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Bank of Israel Governor: House Tax Will Lower Home Prices but Raise Rents

In any event, she said there were signs the overheated housing market was cooling down even without the tax. “The proposed tax can be expected to
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You've helped lend over £1.5 billion to British businesses!

You've helped lend over £1.5 billion to British businesses! Stop press. We've hit £1.5 billion lent to British businesses! It was after 5 years, 4 months
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Banks tighten mortgage rules for non-residents

Foreign home buyers accounted for 10% of the total value of residences purchased in Metro Vancouver over a five-week period in June and July,
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Hunt Mortgage Group Refinances a Five-Property Multifamily Portfolio Located in the Southeast

NEW YORK, NY–(Marketwired – Sep 26, 2016) – Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States,
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How Long Until Others Follow in Fannie's Trended Data Footsteps?

Trended data or “time series data” that shows borrowers' debt loads over time rather than as a snapshot has been used outside the mortgage industry
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Canadian homebuyers expected to bear costs of tighter mortgage insurance rules

National Bank analyst expects two headwinds to hit the Canadian housing market if the new rules go head: higher mortgage rates and a higher
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New GC takes Helm at Lending Club

russell-elmer Lending Club (NYSE:LC) has been on a steady pace rebuilding its executive bench. Today, the largest marketplace lending platform in
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Freddie Mac launches "Deep MI" credit risk-sharing pilot program

Freddie Mac announced Monday that it is prepared to take the next step in the government's continuing efforts to shed some of the credit risk facing the
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FI Navigator Provides Alkami with Mobile Banking Insights on Nearly 7000 U.S. Banks and Credit …

ATLANTA–(BUSINESS WIRE)–FI Navigator announced that Alkami Technology, a provider of online and mobile banking solutions for financial
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NAMB, UWM to Provide Budding Brokers with Seed Capital

The National Association of Mortgage Brokers has created a new grant … immediately thanks to a $500,000 grant from United Wholesale Mortgage. … it's the best way for consumers to get a loan,” Ishbia said in a news release.
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Time For Change: GSE Credit-Risk Sharing on the Front End

Fannie Mae and Freddie Mac have been at the forefront of credit risk sharing initiatives since 2013, having transferred to private investors a portion of
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John Oliver slams Wells Fargo over recent banking scandal

Wells Fargo was fined $185 million for their wrongdoings, though the sum had some outraged considering the bank made $23 billion in profit just last
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