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Third-Party, Down Payment, Outsourcing Products, Freddie and Fannie Updates for Appraisals

It isn’t as if building or lending products, or ways of doing business, were handed down by Trappist monks. Change is always afoot, for better or worse. What is old is new again. Teachers are moving to oral exams to counteract AI and ChatGPT, similar to ancient Greek and Roman times. In the West and Southwest, adequate water rights and supplies have always been contentious but have resurfaced (get it?) with news that may impact other cities and towns: Arizona began limiting approvals for ...
United States Great Lakes Jason Frazier Freddie Fernandez Steve Baselice Karen Mesi

Federal Reserve Creates Bank Term Funding Program

Beginning last week and continuing over this past weekend, there were several key developments from federal regulators related to failure of Silicon Valley Bank SVB, Signature Bank, broader issues of FDIC deposit insurance protections and current bank liquidity challenges.
Jp Morgan Chase Silicon Valley Bank Signature Bank Federal Reserve Bank Bank Term Funding Program Exchange Stabilization Fund

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