The overseer of the Federal Home Loan Banks is planning changes to membership rules that would keep investment firms and lenders lacking customer deposits out of the U.S. government-chartered system.
The portfolios of the top four servicers all grew on a year-over-year basis, according to the Mortgage Bankers Association's study.
It is looking to sell the property within the next three years as part of a plan to consolidate its office space into a single location.
Sen. Richard Shelby isn't new to Banking Committee leadership, but he would face a crucial ticking clock if he returns as chairman of the panel next year.
The earthquake in Napa County, Calif., will not impact the rating of securities backed by residential mortgage loans on Californian properties, according to Fitch Ratings.
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