Tags » Banking

FDIC Drops Requirement That Banks Retain Part Of Mortgages With >80% LTV (Will It Help?)

So much for the “tight underwriting standards” fable. Today, the Federal Deposit Insurance Corporation dropped the 20 percent downpayment requirement for qualified residential mortgages (QRM). But will dropping the downpayment requirement actually stimulate wider mortgage credit/lending as the regulators say hope? 228 more words

Banking

ANOTHER CHILD

ANOTHER CHILD

The heart and mind of a child
Small in stature
Great in sensitivity,
A new treasure of secrets waits to be revealed,
The wonders of simply being alive… 299 more words