- Sep 16-17, 2025|San Diego, CA
The plan could value the government-controlled mortgage giants at some $500 billion or more and would involve selling between 5% and 15% of their stock.
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Steep trade barriers that were set to go into effect on July 9 have once again been put on pause, giving banks a welcome reprieve, but adding still more pressure and uncertainty on the Federal Reserve and the broader economy.
July 9
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Lenders and other businesses active in the state also stepped up with large donations and charitable campaigns in the days following the flooding disaster.
July 8
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The deal is the seventh prime jumbo issuance from Chase Home Lending Mortgage Trust in 2025.
July 8
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The move their regulator Bill Pulte announced introduces competition for one metric but charges from three credit bureaus will remain in place.
July 8
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California-based Dunmor said it is launching a wholesale division, which will be led by a former Newfi executive.
July 8
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 global bank reported solid second-quarter results as executives maintain confidence in the bank's ability to achieve a return on tangible common equity of 10-11% next year. But an analyst said Citi's progress on reducing expenses will hinge on its ability to get freed from various enforcement actions.
July 15
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Government officials confirmed the California Democrat is under scrutiny over a long-held Maryland property he designated as a second home in 2020.
July 15
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Credit availability declined in June as the job market and rising delinquency figures have some lenders concerned, the leading mortgage trade group said.
July 15
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The Ocean State is the latest to enact rules prohibiting the agreements that end up tying older homeowners to long-term contracts with real estate brokers.
July 15
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CEO Robin Vince refused to comment on "rumors or speculation" about a potential merger between the custody banking giant and its smaller rival, Northern Trust. He also said that the bar for BNY to engage in M&A is "very high."
July 15
