On September 27, the CFPB released its annual report on residential mortgage lending activity and trends for 2022. Under the Home Mortgage Disclosure Act (HMDA), the CFPB requires financial ...
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Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks spilled red ink in the fourth quarter of 2022 amid a jump in mortgage rates. These companies reported a net loss of ...
The CFPB recently announced the publication of the Home Mortgage Disclosure Act (HMDA) Modified Loan Application Data for 2022. The data is available on the Federal Financial Institutions Examination ...
An increasing number of businesses are hitting the SBA's $5 million loan cap. Here's a look at the companies that were approved for the largest loans in 2022 — as well as why many believe the limit ...
Loan accretion income from acquired loans totaled $750,000 for the fourth quarter of 2022, down $97,000, or 11%, compared to the third quarter of 2022. The average rate paid on total interest-bearing ...
In 2022, the housing market started out hot, as determined home buyers piled on despite many challenges. Inventory was low, prices and competition were high. But beginning in March of that year, ...