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 […]