Excerpt from a BofA Home Loans memo…
Archive for the ‘Banking’ Category
Originations: We Need A New Volcker Rule For Banks
Glass Steagall was 32 pages. Proposed Volcker Rule regs are 300 pages.
Originations: Zillow Mortgage Taking Over
Must-read mortgage & housing links for today.
Strauss-Kahn Slams Europe. And He’s Right.
Europe crisis update from 12/9 to today.
Will Banks Still Keep Part of Loans They Sell? (and update on bank MBS holdings)
Bank risk retention rules mired in bureaucracy.
Who Got Bailed Out? Hint: It Wasn’t Just Banks
It’s wrong to say only banks were bailed out and the public was ignored. Here’s how it all works.
More On Bank Capital Rule Revisions
Here are the latest bank capital rule statements from FDIC, Fed, and OCC.
How Fannie & Freddie Debt Is Counted In Bank Stress Testing
More bank stress tests coming. Here’s why U.S. banks are pushing back on how tests work.
BofA’s Latest Troubles With Fannie Mae, Delaware, New York
BofA’s clash with Fannie has taxpayer impacts
Mortgage Delinquency CHART: 1980-2011
Delinquencies now at 8%, lowest since 2008. But still high as this chart shows.

