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All Tags » federal reserve » mortgage regulations » the fed (

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Two Advocacy Groups Express Different Views on FRB Proposals

Two mortgage industry groups have weighed in on the new mortgage regulations proposed earlier this week by the Federal Reserve Board of Governors (FRB.) The first, a major critic of regulatory efforts to end predatory lending, was critical of the proposed regulatory changes announced by the FRB on Tuesday...

Posted to MND NewsWire by Glenn Setzer on Thu, Dec 20 2007
Filed under: Filed under: Mortgage Bankers Association, Federal Reserve, Center for Responsible Lending, foreclosure, mortgage regulations, the fed, mortgage industry, option arms
Federal Reserve Expected To Adopt New Mortgage Regulations

The Federal Reserve's Board of Governors is expected to endorse proposed rules developed by its staff for the banks it regulates that would end some of the more abusive lending practices aimed at subprime borrowers. The rules which have been widely promoted by consumer advocacy groups for some time and...

Posted to MND NewsWire by Glenn Setzer on Tue, Dec 18 2007
Filed under: Filed under: Federal Reserve, prepayment penalty, mortgage regulations, the fed, stated income

Page 1 of 1 (2 items)

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Mortgage Rates:

30 Yr FRM 3.90%
|
15 Yr FRM 3.26%
|
Jumbo 30 Year Fixed 4.15%

MBS Prices:

30YR FNMA 4.5 106-17 (-0-03)
|
30YR FNMA 5.0 107-32 (-0-01)
|
30YR FNMA 5.5 108-31 (0-01)

Recent Housing Data:

Mortgage Apps -1.01%
|
Refinance Index 0.83%
|
NAHB Builder Confidence 16.00%

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