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Where Fannie Mae, Freddie Mac’s strengths in fair lending diverge -
OCC announces formal plan to undo Trump-era CRA rule -
Fannie Mae, Freddie Mac seek input on equitable housing plans -
Liberals are unhappy with Fed's Powell, but that may not faze White House -
HUD gives $47 million to groups to aid in fair housing enforcement
- Sep 16-17, 2025|San Diego, CA
Deven Sanghavi has completed his bachelor's in accounting from the University of Mumbai and a master's in finance from CUNY Baruch College. He brings strong experience in the field of public accounting by having worked at a Big Four firm. He currently is working in an investment firm.
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Scott Bessent, Donald Trump's pick to serve as Treasury Secretary, handled a policy-heavy confirmation hearing with poise, highlighting his preference for relaxed bank regulation, support of the 2017 Trump tax cuts and a hawkish approach to spending.
January 16
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The non-QM segment industry-wide had a 25% increase in issuance dollar volume during 2024 as market conditions for private-label securitization were better.
January 16
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The 30-year fixed rate mortgage topped 7% for the first time since last May, although late in the week, the 10-year Treasury peaked before reversing course.
January 16
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The removal of the fourth-quarter implementation date also impacts the planned addition of a bi-merge report option.
January 16
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The nominee to lead Federal Housing Finance is head of Pulte Capital Partners, which invests in homebuilding related businesses.
January 16
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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Sean Desmond, the new CEO of nCino, hinted at some of the products under development in an interview with American Banker.
February 14
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Fannie Mae set aside $752 million for credit losses in its apartment complex lending business in part because of fraud or suspected fraud, denting profits amid an industrywide scrutiny of borrowers.
February 14
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The Community Home Lenders of America wants streamlined regulations for smaller independent mortgage bankers from the Bureau, including on compensation.
February 14
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At the same time builders and lenders report contracting credit on offer, sentiment in the residential construction industry improved in the latter half of 2024.
February 14
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The president of the union for department employees claims 50% of HUD's workforce will be cut, and government contracts were being scrutinized.
February 14
