Mortgage lending boom? Equifax reports massive increase in home credit

A continuing spike in commercial mortgage applications over the March quarter has ensured an increase in business loans and assets finance, according to the latest Equifax index, with business credit demand moderate enough to outdistance falling trade credit applications. Released this week, the Equifax March Quarterly Business Credit Demand Index has seen overall business

Could this steady increase. lending standards" that prevailed in 2001 through 2003, before the boom. "Significant space remains to safely expand the credit box," according to Goodman’s analysis in.

BofA completes more short sales than REO for last 18 months How long does a Bank of America short sale approval take? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.Freddie Mac: Baby Boomers pushing Millennials out of housing market What I Am Reading – 2019 on Yardeni research. march 16 (saturday) markets Dow rises more than 100 points, S&P 500 posts best weekly gain since November (C) Weak Economic Data Spurs U.S. Government Bond Rally (W) $10 Billion Corporate Debt Sale Highlights Credit Market.

Contact Us – OU Human Resources – Human Resources for the University of Oklahoma. Serving Faculty and Staff in Norman, Oklahoma City, and Tulsa campuses.

Home prices fall, but inventory levels improve

 · Assuming your gross monthly income is $4,000 and your other monthly debt service-student loan, auto loan, and credit card payments-is $900, your DTI ratio is 23 percent. If you apply for a mortgage with a monthly payment of $1,000, your DTI ratio climbs to 48 percent.

Credit Availability and the Decline in Mortgage Lending to Minorities after the housing boom neil bhutta and Daniel Ringo Since 2006, the shares of home purchase loans originated to black and Hispanic borrowers have declined considerably (Figure 1).

CNET news editors and reporters provide top technology news, with investigative reporting and in-depth coverage of tech issues and events.

More than 28% of US homeowners underwater on their mortgage BofA mbs trial adjourned until nov. 14 mohamed morsi: Deposed yet defiant | Egypt | Al Jazeera – Egypt’s deposed president, Mohamed Morsi, went on trial this week, but refused to recognise the court and insisted that he is still the country’s leader. Morsi is accused of inciting murder and.Florida AG joins CFPB, FTC enforcement sweep JW Showcase JW Showcase is an open-source, dynamically generated video website built around JW Player and JW Platform services. It enables you to easily publish your JW player-hosted video content with no coding and minimal configuration.In a joint-agency media conference and press release with the Federal Trade Commission today, the Consumer Financial Protection Bureau ("CFPB") used the "rulemaking-through-enforcement" method of regulation to create several de-facto guidelines for what is "unfair, deceptive, or abusive" in mortgage advertising.

The CCP contains detailed information drawn from each individual’s Equifax credit report. The. including both first mortgage and home equity installment loans, and 5 home equity lines of credit; the data also include aggregates for each housing. increase in household debt that occurred during the 1999-2008 credit boom. While mortgage.

Iowa AG: Banks may face criminal liability after robo-signing settlement While today’s big news about the $26 billion, 49-state settlement with the five mega banks at the center of the home loan and foreclosure debacle that led to the great recession has financial ramifications for Washington State homeowners (thousands of homeowners who were hit by the crisis will.

The bank further reported that the 90-day default rate on its $400 billion mortgage book was a low 0.67 per cent and a fraction of what comparable US, UK and European banks report even though Aussie.

Volume during the first half of 2014 is up by an extraordinary 21% compared with the same period last year, according to data collected by credit bureau Equifax. and mortgage lending, says that he.

What lending volumes increase, fraud rates increase. We have seen that time and time again here in the US. And now, Canada’s mortgage boom is leading to a boom of another type – mortgage fraud. According to Equifax, who analyzes fraud trends in Canada, reported this week a massive increase of mortgage fraud of 52% since 2013. The rapid.