Tuesday, April 19, 2011

Fed Proposes TILA Amendments. Includes Fee Cap

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Apr 19, 2011 11:22AM

Fed Proposes TILA Amendments. Includes Fee Cap

The Federal Reserve is inviting public comment on a rule that would provide four options for complying with new amendments to the Truth in Lending Act (TILA). In an attempt to limit confusion we've written this story using as much content from the Fed's Proposed Rule as possible. Our recap is long but we feel that is a necessary evil. HERE is the 474 page document if you'd like to read it yourself. It wasn't an enjoyable experience..... BACKGROUND INFO In 2006 and 2007, the Federal Reserve Board...

Apr 19, 2011 12:53PM

Jump in Building Permits Hints at Uptick in New Home Sales

The U.S. Census Bureau and the Department of Housing and Urban Development have released New Residential Construction statistics for March 2011. Housing Starts data estimates how much new residential real estate construction occurred in the previous month. New construction means digging has begun. Adding rooms or renovating old ones does not count, the builder must be constructing a new home (can be on old foundation if re-building). Although the report offers up single family housing, 2-4 unit housing...


Micro News

4:36 PM:

More Housing and Mortgage Data. Calendar Still Sparse.

3:46 PM:

CFPB to Test New Loan Disclosures

2:48 PM:

Reprices Reported as MBS Hold Gains

1:18 PM:

Stock Lever Pulls Bonds Back From Best Levels

12:27 PM:

Loan Pricing Update: Competition Heating Up

10:18 AM:

Fed unveils proposal on mortgage standards

8:57 AM:

Geithner Comments on Deficit

8:31 AM:

DATA FLASH: Housing Starts 549k vs 520k Consensus

Around the Web

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