Lalita Clozel covers fintech regulation, anti-money-laundering, cybersecurity and the Federal Deposit Insurance Corp. in American Banker's Washington bureau.
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U.S. Attorney General Benjamin B. Wagner announced Thursday the arrest of three leaders of Shon-Te-East-A, an organization that eliminates practitioners' spiritually cumbersome mortgage debt.
September 25 -
Despite a recent dip, U.S. loan delinquencies are on a steady downward slope, according to Black Knight Financial Services.
September 25 -
Sales of single-family homes and condos are on pace to reach an eight-year high this year, according to RealtyTrac's U.S. Home Sales Report for August.
September 25 -
Communication between homeowners and their servicers remains the most frequently reported challenge for housing counselors, the National Foreclosure Mitigation Counseling program said.
September 25 -
A recent uptick in mortgage application defects might be reversing, according to First American Financial.
September 24 -
The U.S. housing market continues to slowly stabilize, according to Freddie Mac's latest Multi-Indicator Market Index.
September 24 -
Senior home equity rose by $117 billion in the second quarter, compared to the previous quarter, according to the National Reverse Mortgage Lenders Association.
September 23 -
The Securities and Exchange Commission has settled with Thomas Lund, the former head of Fannie Mae's single-family lending unit, for $10,000, according to news reports.
September 23 -
The housing market is edging off a slow recovery in spite of high depreciation rates concentrated on the East Coast and Midwest, according to Zillow's August Real Estate Market Report.
September 22 -
First-mortgage originations to subprime borrowers have risen by 30.5% in the first five months of 2015, compared to the same period last year.
September 22