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School Loan Debt Will Impact the Housing Market

School Loan Debt Will Impact the Housing Market

The country’s younger population has had its credit ratings disproportionately lowered
Emprise Bank Announces Expansion into Kansas City

Emprise Bank Announces Expansion into Kansas City

New president of the Kansas City Market will be Trey Cunningham
Regions Bank Partners with IBM to Help with AI

Regions Bank Partners with IBM to Help with AI

Watson has helped Regions answer over 1.5 million customer calls and 1.4 million banker questions
Federal Housing Administration Increased Loan Insured Limit

Federal Housing Administration Increased Loan Insured Limit

3,053 counties will be affected by the increase, and only 181 counties will have no change
Housing confidence drops

Housing confidence drops

High prices lead to “buyer remorse,” survey says. Many consumers expect correction
Mulvaney looks at bureau’s future

Mulvaney looks at bureau’s future

Bringing “sanity” to mortgage market, including QM, among his plans. Seeks more input
After more than year of resisting the Justice Department, Minnesota's KleinBank agreed to a settlement including expansion of its Community Reinvestment Act assessment area. The bank had resisted the suit in part because it claimed that the Minneapolis market had never been a key business area for the bank.

DOJ settles fair-lending suit with KleinBank

Bank avoids major financial penalties but agrees to expand service
Weak home inventories have kept home prices rising.

Home sales strong despite headwinds

Strong economy, consumer confidence overcome decline in affordability, says Freddie Mac economist
The bureau has issued a small change that will give lenders a bit of running room.

CFPB’s Reg Z change increases flexibility

Tweak takes effect June 1
BofA enters mobile mortgage fray

BofA enters mobile mortgage fray

Rollout of Digital Mortgage Experience mobile banking app blends tech and human touch
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