ICBA - Real Estate Investor Pulse

ICBA Launches Campaign to Increase Consumer Awareness on Community Banks

April 6, 2023 Mark Paul Cervantes Comments Off

“ICBA is investing big in the future of community banking with the launch of this consumer-driven public awareness campaign,” ICBA President and CEO Rebeca Romero Rainey said. The post ICBA Launches Campaign to Increase Consumer […]

ICBA, affiliates urge CFPB to improve construction loan disclosures

March 31, 2023 Mark Paul Cervantes Comments Off

The Independent Community Bankers of America (ICBA) and 42 affiliated state banking associations are calling on the Consumer Financial Protection Bureau (CFPB) to approve language that allows community banks to test out different consumer construction […]

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]