Items Tagged with 'home'

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Top Five Mortgage Compliance Issues to Address Now

The changes to mortgage servicing are extensive.
CFPB’s new mortgage rules are a major pain point for CUs.
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2013 Lending Outlook

Opening the door to loan growth requires innovation and higher risk tolerance.
The threat of a fiscal cliff brings continued uncertainty for business and consumer lending.
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December Home Prices Hit Record Low for 2010

Don’t expect prices to rebound until the supply of foreclosed properties is exhausted.
Sales of foreclosed properties dampened U.S. home prices.
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Index Predicts 7.1% Home Price Decline

Despite gains in the national average, home prices fell in 70% of metro areas.
Much of the sustained activity in the first half of the year was due to the first-time home-buyer tax credit that expired in June. Since then, home sales activity has plummeted.
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Real Estate at a Crossroads?

Property values in many markets haven't bounced back, but some CUs see increasing mortgage demand.
CUs are continuing with strong underwriting standards while helping members as much as possible to stay in their homes.
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