OCC sees sharp drop in mortgages serviced by large banks

OCC sees sharp drop in mortgages serviced by large banks

WASHINGTON — The amount of mortgages held by national banks has diminished by nearly half since the financial crisis, to $3.26 trillion in the third
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Council of Financial Regulators sees credit squeeze risks

The country's top financial regulators have expressed concern that a reduction in bank lending in response to the royal commission into financial
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Report: Holders of larger mortgages save more when rates drop

Mortgage rates are dropping. On December 12, 2018, the Mortgage Bankers Association (MBA) reported that home loan applications increased, likely
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Could the 30-year mortgage disappear?

The letters FHFA may not mean much to you, but the Federal Housing Finance Agency has a lot of power over the way houses are paid for in this
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Attempted robbery at another payday lending store reported

The attempted robbery is among several similar incidents at various payday lending stores. Those included A Dec. 7 robbery at a Cash Store in
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Could the arrest of Huawei's CFO affect Vancouver's real estate market?

According to global business journal Barron's, Meng Wanzhou's arrest could kick off a decline in foreign cash coming into the real estate market.
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Some home lenders overly cautious: regulators

An overly cautious approach by some lenders to tougher lending standards may be affecting their decisions to give loans to households and small
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Mortgage Rates Could Go Even Higher

Mortgage rates rose more noticeably today as a part of a 3 day bounce after hitting the lowest levels in roughly 3 months at the end of last week.
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Senior Homeowners Give Reverse Jumbo Mortgages New Life

It's time to let the reverse jumbo mortgage out of the doghouse. The loan option got a lot of negative publicity in the past—often for good reason. “There
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Scaramucci Pitches `Swank' Hotel for Tax Cut Aimed at Poor Areas

But that wasn't the pitch former White House spokesman Anthony Scaramucci used on Tuesday to recruit investors for a real estate investment trust
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Mortgage demand hits new low

For purchase mortgages, across all loan types, the net share of lenders reporting demand growth over the previous three months clocked the lowest
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What happens now that housing boom is over? | Guest column

The housing market is cyclical because the boom stage is almost always financed by a massive increase in the supply of money and credit by the
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Why Dividend Growth Investors Should Own Home Depot

Home Depot has posted negative total returns so far in 2018, due to trade worries and fears of a slowing housing market and U.S. economy. However
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Online shoppers here second to HK in Asia Pacific for overseas buys

Online shoppers in Singapore are second only to their counterparts from Hong Kong in Asia Pacific when it comes to making purchases from overseas
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Real Estate Fresh Finds: Dec. 12

Real Estate Fresh Finds is a weekly selection of newly-listed properties in the District, brought to you by Real Living At Home.
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#MeToo Shows Facebook's Potential for Good, Global Policy Head Says

“Yes, you have these abusive actors, but we get so much good from this product,” Bickert said at Fortune's Most Powerful Women Next Gen Summit in
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Go Smartphone-Free for a Year? Vitaminwater Is Betting $100000 That You Can't

An unlikely company is tackling the widespread cultural problem of smartphone addiction in a unique way: bribery. Vitaminwater is willing to pay
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Marketing Departments' Biggest Mistake? They Don't Market Themselves

Treseder spoke on a panel of expert marketers at Fortune's Most Powerful Women Next Gen Summit on Wednesday in Laguna Niguel, Cali. She was
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How Does Google Treat Its Temp Workers? A Google Doc Reveals All, Report Shows

At Google, there are two classes of workers: full-time employees and a shadow workforce of thousands of contractors. In fact, (goog, -0.29%) Google's
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Prime Minister Theresa May Survived Tory Party's No Confidence Vote. Now Back to Her Brexit Plan

United Kingdom Prime Minister Theresa May survived a leadership challenge Dec. 12 within her party that would have led to her ouster as the head of
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