All 120 employees of the Federal Home Loan Bank of New York are safe after Tuesday's terrorist attackat the World Trade Center.FHLB-NY, which had offices on the 22nd floor at 7 World Trade Center, was successfullyevacuated Tuesday, according to spokesman Eric Amig. The district bank was evacuated shortly after 9 a.m. and movedto a location across the river in New Jersey -- which subsequently was also evacuated. 7 WTC, a 47-floor buildingadjacent to the twin towers, caught fire and later collapsed Tuesday afternoon. The district bank was open forbusiness Wednesday in its Jersey City backup facility.
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Elevated delinquency levels have not affected expected losses, however, due to home price appreciation, Fitch Ratings said.
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Retail lenders, including Beeline, Tomo Mortgage and Rocket Mortgage, settled with the department over infractions like submitting a false certification to not having the proper liquidity to be in the program.
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A pair of bills, one with bipartisan support, look to address the issues around heirs' property so these families can have clear title on their homes.
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The agreement, in which the real estate giant admits no wrongdoing, will cover around 70,000 agents.
April 26 -
Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
April 25 -
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
April 25