- Sep 16-17, 2025|San Diego, CA
A Wells Fargo customer was surprised to receive a "cryptic notice" and a cashier's check from the firm compensating him for float fees charged more than a decade ago. A lawsuit followed.
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Mortgage rates are expected to remain elevated but stable for longer, with some industry participants thinking it is good for the housing market.
June 20
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Deputy Treasury Secretary Michael Faulkender says Basel capital rules need to fit the U.S. economy and avoid discouraging banks from lending.
June 20
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Legislation passed in Connecticut protects homeowners from foreclosures tied to old liens that received renewed collections interest as housing values surged.
June 20
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Lipkin, who built Valley National Bancorp from a small community bank into a regional institution with 200 branches in four states, passed away this week at age 84.
June 20
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Median home prices rose by 1% to a record high, but sellers are taking lower offers as the market shifts towards the buyers' favor.
June 20
Only 20% of the Top Producers in the National Mortgage News survey were under 40, while almost half were between 41 and 50, and 30% even older.
Those who raced ahead of the pack of loan originators last year went the distance by offering exceptional customer service, catering to niche pockets of demand in the market.
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While consumer distress in auto and personal loans also picked up, the pace of growth among mortgages was atypical, Vantagescore's monthly credit gauge said.
June 27
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The two government-sponsored enterprises are repositioning Common Securitization Solutions to align with priorities set by their regulator and President Trump.
June 27
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The Federal Reserve's preferred measure of inflation moved further from its 2% target, underscoring the central bank's reluctance to cut rates.
June 27
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Subservicer Cenlar moved into the O'Fallon, Missouri offices Citigroup's mortgage business occupied until the latter deemphasized servicing in 2017.
June 27
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Three fair housing firms disagree that the DOJ should end a redlining consent order against Lakeland Bank, arguing the firm hasn't done enough. The bank disputes those claims.
June 27
