CFPB: Small Loan Appraisals, Construction Loans, DAPs, and Lots More

Posted To: Pipeline Press

Have you ever heard of the AARMR? I know – as if this industry needs yet another acronym. Pronounced by those "in the know" as "armor," it is the American Association of Residential Mortgage Regulators. If you have a hankering to spend time in Florida in August, the group is having its annual conference this week: http://ift.tt/297XxzO . Critics would say that any sane organization would have its conference somewhere else in August, or some other month in Florida; proponents say the hotel rooms are cheap during this time of the year. Regardless, wouldn't it be nice for multi-state lenders to deal with one regulatory body instead of dozens? Perhaps this group will help that concept move forward. In the last week or two the Consumer Finance Protection...(read more)

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from Mortgage News Daily http://ift.tt/2apSsmR

MBS Day Ahead: Every NFP Week is Important Until Fed Hike (or Lack Thereof)

Posted To: MBS Commentary

Back in 2015--almost exactly a year ago, actually--the order of the day was determining the timing of the Fed's first rate hike since the financial crisis. By late October, we knew the hike was finally coming in December. Investors figured the Fed would deliver the news in a a dovish way, and that future hikes would be much more spaced out than in previous hiking cycles. Even before December, there were a few economically bearish analysts calling for a "one and done" rate hike. So far, they've been right, as the Fed has gone an impressive 7.5 months without ever looking too serious about pulling the trigger on another hike. The Fed MIGHT be thinking about the possibility of considering getting slightly more serious about another hike as we head into the end of the year. They...(read more)

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from Mortgage News Daily http://ift.tt/2aoOAir

CFPB: Small Loan Appraisals, Construction Loans, DAPs, and Lots More

Posted To: Pipeline Press

Have you ever heard of the AARMR? I know – as if this industry needs yet another acronym. Pronounced by those “in the know” as “armor,” it is the American Association of Residential Mortgage Regulators. If you have a hankering to spend time in Florida in August, the group is having its annual conference this week: http://ift.tt/297XxzO . Critics would say that any sane organization would have its conference somewhere else in August, or some other month in Florida; proponents say the hotel rooms are cheap during this time of the year. Regardless, wouldn't it be nice for multi-state lenders to deal with one regulatory body instead of dozens? Perhaps this group will help that concept move forward. In the last week or two the Consumer Finance Protection...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Mortgage News Daily http://ift.tt/2apSsmR

MBS Day Ahead: Every NFP Week is Important Until Fed Hike (or Lack Thereof)

Posted To: MBS Commentary

Back in 2015--almost exactly a year ago, actually--the order of the day was determining the timing of the Fed's first rate hike since the financial crisis. By late October, we knew the hike was finally coming in December. Investors figured the Fed would deliver the news in a a dovish way, and that future hikes would be much more spaced out than in previous hiking cycles. Even before December, there were a few economically bearish analysts calling for a "one and done" rate hike. So far, they've been right, as the Fed has gone an impressive 7.5 months without ever looking too serious about pulling the trigger on another hike. The Fed MIGHT be thinking about the possibility of considering getting slightly more serious about another hike as we head into the end of the year. They...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Mortgage News Daily http://ift.tt/2aoOAir

Here's What Happened This Weekend

Five things to know, now that it's Monday.

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from Apartment Therapy | Saving the world, one room at a time http://ift.tt/2atBCkW

5 French Design Blogs to Start Reading Today

(Image credit: Hello Hello)

Nobody knows effortless style better than the French. When it comes to clothes, French people have a certain casual yet indefinably cool style, but they also have a way with interiors. Here are five French design blogs that should definitely be added to your reading list. Think of them like a trip to Paris, without the jet lag (or the expense).

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from Apartment Therapy | Saving the world, one room at a time http://ift.tt/2apI9z9

5 Party Etiquette Q & As for the Modern Age — Kitchn

(Image credit: Bridget Pizzo)

From Kitchn → 5 Questions Everyone Still Has About Party Etiquette, and the New Answers

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from Apartment Therapy | Saving the world, one room at a time http://ift.tt/2aoDOIU