Tag Archive for ‘residential mortgages’

FED SLOOS Details Impact of New Mortgage Rules on Approval of Mortgage Apps

The Federal Reserve Board recently released its survey of senior bank loan officers. The July 2014 Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the second quarter of 2014. In the July 2014 iteration of the Survey, the Federal Reserve… Read More ›

SLOOS: Mortgages See Weaker Demand and Tighter Standards

The Federal Reserve Board recently released its April 2014 Senior Loan Officer Opinion Survey on Bank Lending Practices. The survey addresses changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months. According to the household component of the April survey results, banks eased their lending standards for auto loans… Read More ›

A Wonderful Life??? 4th Qtr Mortgage Standards Ease at Big Banks, Tighten at Regional Ones

The Federal Reserve Board recently released its survey of senior bank loan officers. The January 2014 Senior Loan Officer Opinion Survey on Bank Lending Practices addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the final quarter of 2013. According to the survey results, lending standards eased for most consumer loans…. Read More ›

House Prices Continue to Rise

Nationally, house prices continued to rise in the second quarter of 2013. According to the most recent release by the Federal Housing Finance Agency, U.S. house prices rose by 2.1% on a quarter-over-quarter seasonally adjusted basis. This is the eighth consecutive quarterly increase for the House Price Index – Purchase Only. Over the past two years house prices have climbed… Read More ›

National Delinquency Survey Points to a Falling Serious Delinquency Rate

According to the Mortgage Bankers Association, the delinquency rate for mortgage loans on one-to-four family residential properties was 6.8% on a not seasonally adjusted basis in the second quarter of 2013, up slightly (0.06 percentage point) from its level in the first quarter, but 0.6 percentage points lower than its level in the second quarter of 2012. The technical increase… Read More ›

Quality of Residential Mortgages Expected to Improve in 2013

In its January release, which generally covers the fourth quarter of 2012, the Senior Loan Officer Opinion Survey documented answers by senior bank officers on their outlook for loan quality in 2013. On net, which is the difference between the percent of respondents expecting an improvement in loan quality and the share of respondents expecting weaker loan quality, senior bank… Read More ›