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The Bureau of Labor Statistics Friday reported that the economy added 172,000 jobs in May and revised March and April's employment upward, making the Federal Reserve less likely to cut interest rates to support the labor market in the near term.
June 5
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Given the recent decline in UWM's stock price, it is likely Two Harbor's shareholders will choose cash, meaning the deal is no longer a positive, KBW said.
June 5
- AB - Policy & Regulation
All 11 Democrats on the Senate Banking Committee are backing a bill that would restore and lock in funding for the Consumer Financial Protection Bureau.
June 5
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President Donald Trump said that Bill Pulte will only serve as national intelligence director on an acting basis, adding that he is interviewing permanent candidates for the position.
June 5 -
Mortgage industry participants say Federal Housing Finance Agency Director Bill Pulte's new role as acting director of national intelligence could imperil progress on a potential initial public offering of Fannie Mae and Freddie Mac.
June 5
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Atlantic Bay Mortgage Group appoints new chief revenue officer and Mortgage Cadence, owned by PartnerOne, announced a new CEO and chief revenue officer.
June 5
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The regulator, in response to a records request, allegedly neither confirmed nor denied whether it looked into potential violations by Veterans United.
June 4
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Five new employees joined All American as mortgage bankers, two of which received a senior title, and the lender welcomed another as a senior loan processor.
June 4 - AB - Policy & Regulation
Members of the House Financial Services Committee pressed prudential bank and credit union regulators about the potential risks of bank lending to private credit firms in a hearing Thursday.
June 4
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More than half of consumers worry about money daily, despite improved budgeting habits and, according to a Ramsey Solutions survey, declining mortgage concerns.
June 4
