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Fed governor calls for transparency, accountability in AI models -
Washington's fretting over nonbank risk is misguided -
CFPB outlines sweeping data proposal, drawing swift bank condemnation -
Lenders protest plan to include civil actions in counterparty suspensions -
Rate 'lock-in' effect is hurting housing and mortgage markets, Powell says
- Sep 16-17, 2025|San Diego, CA
Wall Street is cranking up the bond machine as US homeowners, finding that buying a new house is out of reach since mortgage rates started climbing in 2022, are instead getting home equity loans and sprucing up their current properties.
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Compliance concerns prevent some lenders from moving toward development of an AI plan or policy, but hesitancy may turn out to be a poor business strategy.
April 3
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The first year of Otting's tenure as the New York lender's CEO brought substantial change, but the job isn't done. His goal: to build a powerhouse, profitable regional bank.
April 3
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Some members of the Senate, where the GOP majority is thinner, also are asking the Federal Housing Finance Agency to reveal more about planned mortgage reforms.
April 2
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The housing regulator has been mum on details about its reshuffling, but Secretary Scott Turner has emphasized mission-critical functions would persist.
April 2
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Regulators should approve the deal because post-merger, the servicing market remains fragmented and the mortgage origination business is even more dispersed.
April 2
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 partnership between alternative investment managers adds to signs investors see the private mortgage market as attractive, albeit not immune to risk.
April 21
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The rate of new home sales picked up by 14% from the month prior, data provided by the Mortgage Bankers Association shows.
April 21
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The agency is offering buyouts and early retirement incentives for employees, with layoffs possible if targets aren't met, as part of the Trump administration's overall downsizing of the federal government.
April 21
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The National Credit Union Administration insists it can still function with one board member, but legal experts and industry groups say any substantive regulatory actions could face serious challenges.
April 21
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The deal comes as Blend also introduces a new division dedicated specifically at serving independent mortgage banks, rolling out features with Crosscountry.
April 21
