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PHH Mortgage settles FHA fee allegations for $3.5 million -
Industry urges Trump to extend deadlines on pending rules on day one -
FHFA director Thompson to resign ahead of Trump inauguration -
CFPB issues new fintech sandbox and no-action letter policy -
FDIC's Hill aims to cut regulation, halt climate efforts
- Sep 16-17, 2025|San Diego, CA
States warn that eliminating the BRIC program could leave rural areas vulnerable to extreme weather.
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Chimera Investment Corp. said that after the deal closes, HomeXpress will operate as a subsidiary of the REIT.
June 12
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The 30-year fixed rate mortgage moved one basis point lower this week, remaining in the same range since it spiked in mid-April, Freddie Mac said.
June 12
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The move opened up the blockchain-based transaction to a broader range of investors who only buy bonds that receive top ratings from a major player.
June 12
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Details regarding the settlement between the two parties are thin. In the original complaint, Lower was seeking $75,000 in damages from RWM for causing "irreparable harm."
June 12
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A non-bank lender won't ever compete with a bank on price, but can offer flexible underwriting and faster origination times, according to a veteran originator.
June 12
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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The Federal Reserve's vice chair for supervision said changes to the supplemental leverage ratio are needed to bolster the Treasury market and ensure banks are not incentivized to take on excessive risks.
June 23
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Foreclosure activity surged in the first quarter, underscoring the growing need for borrower support as certain federal protections expired.
June 23
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The CEOs of Bank of New York Mellon and Northern Trust have had at least one discussion about a potential merger, according to a Wall Street Journal article. On Monday, a spokesperson for Northern Trust said the bank "is fully committed to remaining independent."
June 23
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President Donald Trump has signed a Congressional Review Act resolution that eliminates the Office of the Comptroller of the Currency's Biden-era rules requiring stricter reviews of bank mergers and a time-out clock for some institutions.
June 23
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The resale market looks set to languish for the foreseeable future without some letup in financing costs or downturn in prices.
June 23
