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Two progressive Democratic senators said they oppose the renomination of Federal Reserve Chair Jerome Powell to a second term, joining Elizabeth Warren in urging President Biden to choose someone else.

Once the news of the delayed sale was announced, the mortgage wholesaler opened trading on Nov. 17 at $1.17 per share higher than its previous close.

CalHFA’s executive director Tiena Johnson Hall discusses her agenda for encouraging affordable housing development in the inventory-strapped state.

The sponsors got the portfolio through multiple acquisitions from May through October.

The residential real estate investment startup, which works with lenders to help investors buy rental properties, will use the money to buy rehab property inventory for its customers.

The bulk package from an unnamed seller is associated with retail loans generally originated a little over a year ago and purchased by government-sponsored enterprises Fannie Mae and Freddie Mac.

Solidifi will team up with the initiative originally launched by the National Urban League and Fannie Mae.

Alternative lenders, which often use aggressive underwriting tactics to generate high returns, were closing in on banks even before the pandemic. Now they've pulled ahead.

The likelihood that inflation remains above the Fed's 2% target contributed to the government-sponsored agency’s decision to dial back its 2022 outlook.

Fed moves, inflation and retail sales applied upward pressure, contributing to the increase.