MBA voices support for proposed cut to community banks’ leverage ratio

Late last month, federal banking regulators proposed lowering the Community Bank Leverage Ratio (CBLR) for qualifying community banks and bank holding companies from 9% to 8% while extending the timeframe for certain banks to remain in the program. The Office of the Comptroller of the Currency (OCC)

Buyer owes $24K after breaching buyers broker agreement, arbitration finds

Since the implementation of mandatory buyer broker agreements via the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement, many have wondered what happens if a buyer breaches a contract. Jeff Lichtenstein, the broker-owner of Flor

After another lapse in coverage, trade groups urge Congress to pass long-term NFIP bill

Last week, the Mortgage Bankers Association (MBA) and 14 other trade groups representing insurance companies, lenders and other financial institutions urged Congress to approve a long-term reauthorization of the National Flood Insurance Program (NFIP). In a letter to congressional leaders dated Dec.

This May Be the Best Time To Buy a Brand-New Home

New home construction today is giving buyers something it feels like they haven't gotten much lately: a real shot at both the home they want and the deal they need.