Comment on Redefining Radon Testing by Taylor Bishop

Thanks for the interesting article about radon testing. I didn’t know that long term testing is recommended at least every two years. Maybe it could be good to get the test around the same time in case it helps determine how much the radon levels have changed over time.

Source: Working RE Magazine

LendingTree: Number of mortgage borrowers receiving interest rates under 5% rises

LendingTree’s latest Mortgage Rate Competition Index revealed that borrowers with interest rates under 5% inched forward for the week ending Feb. 26, 2019. The report states that for 30-year fixed-rate mortgages, 86.5% of purchase borrowers received offers with interest rates under 5%, rising from 84.2% last week.
Source: HousingWire Magazine

Wells Fargo sees 'possible' legal losses rising by $500 million

Wells Fargo, beset by a wave of government probes into suspected customer abuses, boosted an estimate for potential legal losses by $500 million.
Source: American Banker

Redfin: 2019 is shaping up to be a good year for homebuyers

In February, more American homes experienced a price drop than any other winter in recent history, according to new data from Redfin. Interestingly, Redfin’s data also indicates the housing market is shifting more towards a buyers market.
Source: HousingWire Magazine

Capital levels are just right, Powell tells House members

Addressing lawmakers for the second straight day, the Fed chairman defended his agency’s refinements to the post-crisis regime.
Source: American Banker

MBA Servicing: Here's how to prepare for servicing exams right now

As the CFPB has taken a step back from examination and enforcement, other federal agencies and states have stepped in. Instead of one agency’s rules and regulations to deal with, mortgage servicers now have to cater to a multitude of regulators looking at a variety of new areas. It all equals expanded risk.
Source: HousingWire Magazine

BB&T-SunTrust deal has Atlanta banks licking their chops

United Community, Synovus, Cadence and others stand to gain lenders and customers even if BB&T flawlessly integrates the $28 billion acquisition.
Source: American Banker

Regions not budging on M&A, despite rivals’ megadeal

CEO John Turner told investors and analysts Wednesday that the merger of BB&T and SunTrust is not putting pressure on Regions to pursue a deal of its own.
Source: American Banker

With Citi's $47 fee sparking rage, Mexican banks brace for reaction

Tatiana Clouthier, one of the most powerful lawmakers Mexico, is backing a campaign that’s spread jitters through financial markets: make the banks charge less.
Source: American Banker

How some banks, fintechs are tackling the tech-talent shortage

Bank of America, MX and Carolina Fintech Hub are training refugees and nontechies to become developers while at the same time showing corporate citizenship.
Source: American Banker