he Federal Reserve Board recently released its survey of senior bank loan officers. The January 2015 Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the fourth quarter of 2014.

The January 2015 iteration of the survey featured revised and expanded categories of residential real estate loans to reflect the Consumer Financial Protection Bureau’s (CFPB) qualified mortgage (QM) rules and provide more detailed information on the mortgage market. According to the survey lending standards over the fourth quarter of 2014 declined, on net, across most CFPB-defined residential mortgage categories*.

The figure below depicts the net percentage of senior bank officers reporting that lending standards at their bank had eased over the fourth quarter of 2014. The net change is calculated by subtracting the share of banks reporting tighter lending standards from the proportion reporting easier standards. According to the figure lending standards for GSE-eligible residential mortgages eased the most, 12.5%, on net.

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While not to the degree of GSE-eligible residential mortgages, lending standards on those residential mortgages that are considered a qualifying mortgage eased more than similar residential mortgages that do not qualify. For example, lending standards on qualifying jumbo residential mortgages eased more, on net, 7.7%, then lending standards for non-qualifying jumbo residential mortgages, 3.5%. Similarly, lending standards on qualifying non-jumbo, but non-GSE eligible, residential mortgages eased more, on net, 3.4%, than lending standards on non-qualifying, non-jumbo residential mortgages. Moreover, lending standards on non-qualifying, non-jumbo residential mortgages were unchanged over the fourth quarter of 2014, similar to the lending standards on subprime residential mortgages.

Fed Provides Deeper Look at Lending Standards on Residential Mortgages | Armonk Real Estate | Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor.

From ‘Dawson’s Creek’ Creator to ‘The Simpsons’ Voice Actor | Armonk Real Estate

On January 8, 2015 By robertpaulrealtor 914-325-5758In Armonk NYLeave a comment

Hank Azaria

2120 N Beverly Dr, Beverly Hills, CA

For sale: $3.5 million

After reportedly selling his New York loft to Meg Ryan last summer, “The Simpsons” voice actor Hank Azaria put his Prairie School home in Beverly Hills on the market for $3.5 million.

Hank Azaria's home

Azaria paid $2 million for the gated 3,320-square-foot home in 2000. It has 4 bedrooms, 5 baths, three stone fireplaces, a pool and a hot tub.

Hank Azaria's bedroom

Victoria Massengale at Keller Williams and Susan Smith of Susan Smith Realty hold the listing and are hosting a few open houses this month, if you happen to be near the 90210 zip code.

From ‘Dawson’s Creek’ Creator to ‘The Simpsons’ Voice Actor | Armonk Real Estate | Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor.