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Mortgage Compliance - Banking Exchange
KBRA warns that stable delinquency rates could rise in the months ahead as banks have focused on short-term relief
Less than a quarter of homeowners in forbearance have managed to make payments for May, according to fintech firm Black Knight
Banks and credit unions need to be able to identify which of the loans in their portfolios are at risk of default, so that they can proactively address that risk
New York-based Signature Bank says roughly 14% of its loan book is seeking to defer payments as the pandemic challenges cashflow
More central bank action expected after Bank of England also cuts interest rate to offset COVID-19 effect on economy
Following a bumper year for mortgage lending in 2019, MVB will buy a stake from the Van Metre Company to create Intercoastal Mortgage
US banking groups have reduced their prime and reference lending rates following yesterday’s Federal Reserve rate cut
Errors and attempted fraud connected to mortgage applications fell by 3% in January and is down by more than a quarter year-on-year
A shortage in housing supply is continuing to bolster competition among homebuyers across the country
Credit card late payments fell but auto, home and personal loans all saw delinquencies rise in Q3
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Webinar — Leveraging Open Banking Trends to Transform Your Institution

Time/Date: October 5th, 2:00 CT

The concept of open banking is ushering in exciting new possibilities for financial institutions of all sizes, transforming how they do business and driving new revenue opportunities. Join Shane Ferrell, Vice President of Product Strategy and Director of Software Engineering Barkley Hughes as they answer these questions and more: 

• What is open banking, and how does a financial institution take full advantage of this rapidly growing technology?

• What are key areas to look for when considering leveraging a third-party technology or an open banking marketplace?

• What role does FDX play in the future of open banking?

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