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The Federal Home Loan Bank System stepped up advances by 37% or more to Silicon Valley, Signature and First Republic banks ahead of their failures, the GAO says in a post-mortem on last year's banking crisis. The findings add to the debate about whether the system should be a lender of last resort.
April 16 -
Greater availability of data can make it more attractive to buy MBS with loans to underserved borrowers, translating into lower interest rates for those mortgages.
April 16 -
The two major government-related mortgage buyers' clarifications on real estate commissions take a path similar to that of the Federal Housing Administration.
April 16 -
While newly constructed home mortgage applications rose both on a monthly and annual basis, the gains were slower than typical.
April 16 -
Residential starts decreased 14.7% in March to a 1.32 million annualized rate, the lowest since August, government data showed Tuesday.
April 16 -
Sens. Elizabeth Warren, D-Mass., and Richard Blumenthal, D-Conn., detailed how New York Community Bancorp grew to exceed the $100 billion threshold that triggers tougher regulatory requirements and set the bank on a path to market turmoil via a series of deals that were approved, in part, by the Office of the Comptroller of the Currency.
April 16 -
The mortgage lender is requesting for a former VP of Mortgage Lending to pay back over $500,000.
April 16 -
The Supreme Court ruling on tax foreclosures could improve servicer recoveries but it's also giving some jurisdictions pause as they look at how to interpret it.
April 16 -
The former Realtor says a lack of teamwork between real estate agents and lenders in today's climate could compromise buyers and sellers.
April 16 -
A multiyear agreement will enable Mphasis to use AWS platforms for modeling industry-use cases, especially concerning data extraction and document processing.
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