- Sep 16-17, 2025|San Diego, CA
The president and his allies have stepped up their verbal attacks on the Federal Reserve and its chairman in recent weeks, and while the tough talk has not changed policy, it has sent a clear message to the financial sector.
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The publicly traded company will become privately held as part of the all-cash servicer-lender acquisition, with a $20-per-share payout to common stockholders.
June 18
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Both purchase and refinance activity declined last week, despite rates falling to a two-month low with market concerns over geopolitical and tariff issues.
June 18
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Home sellers, no longer required to pay the buyer's representative after major rule changes last year, are still covering the costs as concessions.
June 18
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The Trump administration is seeking to fire roughly 90% of the Consumer Financial Protection Bureau's staff and is fighting for that right in court. But if the administration prevails, can other consumer protection authorities from other federal regulators pick up the slack?
June 18
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Prior to this development, the CFPB was the sole industry participant to publish an average prime offer rate index on a weekly basis.
June 17
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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In some ways, the uncertainty in mortgage and capital markets has been unprecedented this year, but other aspects are old hat for industry veterans.
June 23
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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
