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Which party has the edge on housing? Polls say neither -
If Supreme Court sides with CFPB, 'flurry' of litigation moves forward -
Servicers likely to be leaders on climate-related reform: FHA -
Security, trading, supervision among open issues at Fed, audit finds -
Fed: Inflation, policy uncertainty are top financial stability concerns
CRE CLO issuance surged to $45 billion in 2021, a 137% increase from two years earlier, when buyers of apartment blocks sought to profit from the wave of workers moving to the Sun Belt from big cities.
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A new policy directive aims to fortify critical infrastructure by enhancing collaboration between U.S. intelligence agencies and systemically important financial entities.
6m ago -
Mark Warren and Thom Tillis have introduced the Secure Artificial Intelligence Act of 2024 to address the unique risks of AI.
11m ago -
The April 26 update came two days after the group received preliminary approval for the Sitzer/Burnett agreement.
24m ago -
Both purchase and refinance activity slowed, with inflation likely to keep interest rates at challenging levels for future borrowers, according to the Mortgage Bankers Association.
7h ago -
Consolidation has slowed since the pandemic, but UMB's agreement to buy Heartland Financial — the largest deal in three years — is one of several merger announcements in the past two weeks. Talks among other potential buyers and sellers are said to be picking up.
April 30
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AI is eliminating some of the day-to-day drudgery of a mortgage professional, giving them space to create more success in their career.
April 30 -
The company's attorneys had previously managed to successfully decertify the class in the seven-year long case, but the decision was reversed last year.
April 29 -
UWM's leader Mat Ishbia saw his total compensation balloon to over $12 million compared to 2022, while Rocket's CEO received $3.4 million during the first four months of his tenure.
April 29 -
The top five producers had an average dollar volume of more than $99 million in jumbo production.
April 29 -
Above and beyond the obvious damage, wildfires levied a hidden cost on the finance industry: Mortgage lenders and investors lost more than $30 billion between 2020 and 2022, due to both accelerated defaults and prepayments following disastrous blazes.
April 28