- Sep 16-17, 2025|San Diego, CA
Bond traders' big bet that the Federal Reserve is poised to lower interest rates faces a key moment this week as Chair Jerome Powell gets a chance to weigh in on the economy.
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The Long Island-based company's second-quarter net loss was the seventh consecutive quarter in which it has reported a net loss. CEO Joseph Otting remained optimistic Friday about the bank's future, saying it should return to profitability in the fourth quarter.
July 25
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Eagle Bancorp in Maryland took a major quarterly loss due to challenges in its office loan portfolio. It's one of many banks working to trim down their commercial real estate loan books.
July 25
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The case pitted high-profile senior-tranche investors like PIMCO against junior bondholders the interpretation of contracts that predated later policy changes.
July 24
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President Trump and Senate Banking Committee Chair Tim Scott, R-S.C., visited the Federal Reserve Board headquarters Thursday afternoon to inspect ongoing renovations whose cost overruns have heightened scrutiny of Fed chair Jerome Powell.
July 24
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The sale of SIMPL marked a natural evolution of the software platform that will allow it to reach its full potential, one of its developers said.
July 24
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 New Jersey-based mortgage lender said it purchased Florida Funding, which has originated nearly $600 million in loans since it was founded in 2017.
July 31
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The bill, introduced by Rep. Derrick Van Orden, creates a permanent partial claim program for veterans.
July 31
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The 30-year fixed rate stayed within a narrow range throughout most of July, with forecasts likely to leave the housing market "stuck," said one economist.
July 31
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New homebuyers found mortgages more affordable last month amid growing supply and softer prices nationwide, new data from the MBA finds.
July 31
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Freddie Mac boosted its single-family provision because of modeled and observed declines in home prices and future appreciation during the second quarter.
July 31
