Mortgage articles

Turning Houses into Homes

Turning Houses into Homes

Top residential mortgages producers By Howard Schneider Community banks specializing in residential mortgage lending are working hard to remain competitive in today’s highly regulated marketplace. Typically these banks are portfolio lenders that can adapt underwriting guidelines and closing procedures in ways other institutions can’t. Such flexibility makes them unique and helps ensure their continued success.

Another Mortgage Access Option

FHLBanks offer sometimes-overlooked options to access secondary mortgage market lending By David Fisher Much of the discussion on Capitol Hill with policymakers working to reform the housing finance system has centered on bringing private capital back to the mortgage markets. Currently, housing finance is dominated by a handful of large institutions in the origination process […]

At Your Service

Covering the CFPB’s new mortgage servicing standards The Consumer Financial Protection Bureau released final rules establishing new national mortgage servicing standards. Taking effect in January 2014, the rules amend the Truth in Lending Act (Regulation Z) and the Real Estate Settlement Procedures Act (Regulation X). Here, Ron Haynie, ICBA’s senior vice president, mortgage finance policy, […]

Generating More Yield, Safely

FHLBank advances can provide a low-risk funding option for more profitable fixed-rate mortgage lending By David Fisher Finding quality investments is certainly challenging for community banks. As the Federal Reserve works to stimulate the economy through its quantitative easing initiative, investment spreads have compressed to historic lows. In the current low-interest-rate environment, institutional portfolio managers […]

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