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Jan. 18, 2012: Wells' mortgage earnings indicative of industry? HUD to limit appeals? Kroll & Redwood Trust's deal; CFPB & appraisal fees
Rob Chrisman
The
Federal Reserve does other things besides keep overnight Fed
Funds at 0% for years at a stretch. It releases some interesting
stats on mortgages that, if you need a filler for a presentation
you're doing, might come in handy – you’ll notice mortgage debt
dropping: http://www.federalreserve.gov/econresdata/releases/mortoutstand/current.htm.
"Rob,
I
don't think that many in the business have an awareness of how
Basel III will impact banks, and therefore mortgages and
servicing, and therefore mortgage
pricing for consumers." I tend to agree, although I am
trying to alert folks about the possible ramifications. Here is
the latest: http://www.cnbc.com/id/45988683.
Basel
III is expected to be the norm for banks around the world, which
brings up the question, "How
do borrowers finance their homes in other countries?"
There is an in-depth look at this – click on the link near the
top right at
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