Stephen Miran will take unpaid leave from and might seek to return to President Trump's Council of Economic Advisers, he said, raising conflict of interest questions in his nomination hearing for a seat on the Federal Reserve Board.
Consumer Financial Protection Bureau Director Rohit Chopra said the FICO credit-scoring model has drawbacks in price, predictiveness and market competition, and stakeholders should develop a more open-sourced model that uses artificial intelligence.
The company, which is a large investor in mortgage servicing rights, hired a former MetLife executive it previously worked with to oversee the business line.
Michael Magnan, founder and CEO of AdvizorPro, is a leading wealth management and financial advisor intelligence platform for smarter prospecting.
Prior to AdvizorPro, he was the vice president of new product development for Nasdaq eVestment.
Wall Street dealers expect Bessent to signal as soon as Wednesday, when his department releases a quarterly statement on debt sales, that issuance in the $30 trillion Treasury market will keep shifting in that direction.
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Prior to this week's Federal Open Market Committee meeting, many onlookers thought a Trump-aligned and oppositional voting bloc could emerge, complicating the central bank's message. But the quarterly economic projections show that not to be the case.
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Many participants promoted AI-backed products aimed at promoting engagement and retention of existing customers, with features from deepfakes to voice agents.
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The broker advocate and the trade group she previously led have both included other industry players in the legal dispute over nearly $1 million in payments.
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MSR investment persists and some values have stabilized since policymakers' rate cut confirmed anticipatory loan pricing, flattening some mortgage rates.
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The average return on investment for flipped homes was 25.1% in the second quarter this year, the lowest point since the second quarter of 2008.
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Manuel Valdes, after he was terminated and sued by Cornerstone, brought a claim against his former employer, plus Marc and Adam Laird, alleging discrimination.
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Ever wonder what happens to all those prospects that visit your website or open your emails but never fill out the short application, request a demo or take another desired action? There are many possible reasons why prospects don't pursue the next step.
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Fannie and Freddie's profits depend on having their obligations backed by the U.S. Treasury. Therefore they should have to pay a sensible price for this backstop just like big banks.
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The proposed legislation for regulatory relief seeks to roll back critical mortgage protections put in place to prevent another housing crisis.
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ON-DEMAND VIDEOMonetary policy remains the key to the markets. The Federal Open Market Committee predicts one rate cut in 2026, but the panel will get a lot of data before
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ON-DEMAND VIDEOWith the government reopened and data flowing, the FOMC may cut rates again in Dec. Steve Skancke, Chief Economic Advisor at Keel Point, will break down the mee
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ON-DEMAND VIDEOWill the Federal Reserve cut rates in October? BNP Paribas Chief U.S. Economist James Egelhof discusses the meeting and Chair Jerome Powell's press conference.
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