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House Financial Services Committee ranking member Maxine Waters, D-Calif., attempted to find bipartisan support from Rep. Andy Barr, R-Ky., for a number of amendments to bills meant to rein in regulators. What she got instead was a commitment to work on some measures in the future.
May 24 -
This summer, the Department of Veterans Affairs will introduce a new kind of a "last-ditch effort" to keep veterans in homes, by making servicers whole and putting the delinquent borrowers on an exclusive interest rate.
May 24 -
The Federal Reserve Board governor said secular increases to the currency supply limits how much the central bank can shrink its holdings.
May 24 -
The beleaguered bank said it is selling 74 loans totaling about $2.6 billion to a subsidiary of Kennedy-Wilson Holdings. The move is part of a plan to pursue strategic asset sales, trim expenses and shore up its balance sheet.
May 24 -
The transaction helps cement WFG's place in the Bay Area market, something it has targeted since its 2010 founding, Chairman Patrick Stone said.
May 24 -
The 13% jump from March stemmed primarily from borrowers late by 30 days, possibly due to a Sunday month-end close that complicated the receipt of payments.
May 24 -
The 30-year conforming average reached its highest point since March last week, while loan application volumes finished 35% below their levels from a year ago, a trade group said.
May 24 -
Guild Mortgage and Axia Home Loans shared their perspectives on how to ensure the health and prosperity of smaller shops at the MBA Secondary & Capital Markets Conference this week.
May 24 -
The regional bank made the deal as part of an effort to bolster liquidity following turmoil among its peers.
May 24 -
Single-family officials at an industry conference also quantified some of the progress they're making with alternative credit data, and noted that digital validations can help reduce defects.
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