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Fed: Inflation, policy uncertainty are top financial stability concerns -
Ginnie Mae President Alanna McCargo to retire -
Freddie Mac home-equity loan proposal gets pushback from SFA -
FHLBs should double financing for affordable housing, regulator says -
CFPB makes structural changes after expanding authority over nonbanks
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The Philadelphia-based bank's parent company, Republic First Bancshares, had been roiled by a yearslong proxy battle involving activist investors groups and its former CEO.
April 26
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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.
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 -
Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
April 25
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Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
April 25 -
An index of contract signings from the National Association of Realtors climbed 3.4% to 78.2 last month, the highest since February 2023.
April 25 -
While home lenders are seeing a decrease in issues coming through mobile channels, phone fraud spiked last year, accounting for 28% of losses, a new report found.
April 25 -
U.S. economic growth slid to an almost two-year low last quarter while inflation jumped to uncomfortable levels, interrupting a run of strong demand and muted price pressures.
April 25 -
The massive mortgage business saw a first quarter profit mitigated by nearly $300 million in hedging losses.
April 24
