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FSOC proposes overhaul of nonbank designation process -
Dual-employment can result in legal problems, attorneys say -
Court dismisses appeal of state's loan officer licensing decision -
CFPB data breach sends shock waves through the financial industry -
Trade groups cheer bill that could upend trigger leads
- Sep 16-17, 2025|San Diego, CA
The regulator has postponed the building code in question, but is otherwise battling the challenge raised during the Biden administration.
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The head of operations at the Federal Housing Finance Agency and two C-suite leaders at the government-sponsored enterprise are out, according to Semafor.
March 20
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The Connecticut bank said its newly minted president, Steven Sugarman, successfully led a private placement and signed a long-term employment agreement that makes him a potential CEO. David Lowery, current chief executive of Patriot, plans to step down in April.
March 20
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Kind Lending has big plans to grow its retail channel and is signaling this by putting industry veteran Tammy Richards in charge of the operations.
March 20
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The bipartisan co-chairs of the Community Financial Development Institution caucus sent a letter urging the Trump administration to continue supporting the CDFI Fund after it was slated for cuts in a recent executive order.
March 20
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The Fed's wait-and-see approach on what will happen to the U.S. economy, while not directly impacting mortgages, will likely keep those rates elevated.
March 20
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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Three U.S. agencies lack a "comprehensive, government-wide strategy," according to a report that echoes complaints banks have made for years.
April 9
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Pres. Trump's decision to pause most of the tariffs has sparked a rally in the stock market, but the 10-year yield, while off of its peak, remains higher.
April 9
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With prices possibly rising over 4% through next year, respondents to a Fall 2024 survey said they would turn to their investment portfolios to fund the down and monthly payments.
April 9
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In a speech at the American Bankers Association Washington Summit Wednesday morning, Treasury Secretary Scott Bessent downplayed economic risks from tariffs, floated capital reforms and urged regulatory relief for community banks.
April 9
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A pullback from US Treasuries sent longer-term yields surging by the most since pandemic struck in 2020, deepening losses in what's supposed to be a haven from financial turmoil and roiling markets abroad as investors sell government bonds to raise cash.
April 9
