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banks

OCC warns banks against asset-depletion loans

The Office of the Comptroller of the Currency is asking banks to maintain strict lending standards for a kind of…

3 years ago

Borrowers turn to non-banks for mortgages as traditional lenders shy away

Borrowers are ditching traditional banks in their droves in favor of financial institutions that do not offer savings or checking…

6 years ago

Banks make house flipping easier for investors

Although home prices have been raising steadily over the past year, house flipping is still extremely popular among investors. And…

6 years ago

Wells Fargo, JPMorgan Chase, reveal new 3% down payment mortgage programs

Some banks are moving away from Federal Housing Administration mortgages and instead coming up with their own low down payment…

7 years ago

Memphis Commercial Real Estate Moving Forward

Memphis commercial real estate continues showing signs of prosperity. Especially with the rebirth of the Downtown area. One strong indicator…

8 years ago

Why The Housing Market Is No Longer A Good Investment

The wealth-building potential of the US housing market was reliable and predictable for many decades following the end of World…

9 years ago

Small Lenders Making a Big Difference

According to Inside Mortgage Finance, smaller banks and nonbank lenders are now dominating the mortgage business. A study found that…

9 years ago

Are Hard Money Loans Worth the Hassle?

The title is a tough question to answer on several levels. The answer is "yes" hard money is a hassle…

9 years ago