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A top Federal Reserve official is issuing a warning about fast-growing and largely unregulated shadow lenders: They were a big factor in why central banks had to save markets earlier this year, and much more needs to be done to assess the risks posed by the sector.
July 15 -
The City of Frisco has experienced a major population boom in the past few decades and has earned the title of fastest-growing city several times by the U.S. Census Bureau.
July 15 -
A recent ruling declaring the Consumer Financial Protection Bureau’s structure unconstitutional signaled that a similar outcome awaits the Federal Housing Finance Agency. But the FHFA will argue in a new case that it does not deserve the same fate.
July 14 -
He co-founded California Rural Legal Assistance, Public Advocates and the Greenlining Institute.
July 14 -
The rise in late and suspended payments following the coronavirus outbreak in the United States may have helped the FHA realize it's high time to improve the process.
July 14 -
The council created by the Dodd-Frank Act to identify systemic risks launched a review of the market as part of an activities-based approach that shifts focus away from targeting individual firms.
July 14 -
Home purchases in markets outside of cities accounted for some of the San Francisco bank's loan growth. Executives believe this will be a long-term trend because a generous supply of inventory in less populated areas will appeal to buyers.
July 14 -
Mortgage applications to purchase new homes were up 54% compared to the same month the year before.
July 14 -
The banks logged strong year-over-year growth in gain-on-sale margins for mortgage loans.
July 14 -
Down payment assistance programs remain an important tool for increasing minority homeownership, but especially more so because of the pandemic.
July 14
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