New Lender Products; Upcoming Training; LIBOR Update

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Posted To: Pipeline Press

The Senate is set to vote this week on a bill by Sen. Mike Crapo, R-Idaho, that would revise several sections of the Dodd-Frank Act . Among the bill’s provisions, it would raise the asset threshold for systemically important institutions from $50 billion to $250 billion, excluding many small- to mid-size banks. And while we’re talking about money, mortgage balances climbed 1.6%, or $139 billion, in the fourth quarter of 2017 , and mortgage debt is up $402 billion from the fourth quarter of 2016, according to the latest data from the Quarterly Report on Household Debt and Credit from the Federal Reserve Bank of New York. New Lender Products Unison Home Ownership Investors and Valley National Bank announced the launch of the residential real estate industry’s first five percent down…(read more)

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