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The new law, which will mandate the Bureau of Indian Affairs to approve or deny loan applications within 30 days, passed with wide bipartisan support.
May 7 -
Jim Gemer, CPA, is the founder of the Human Choice Company LLC in Bradenton, Florida. He writes on AI governance, forensic methodology, and the accountability gap at
thinkingsovereignty.ai anddigitalhumanism.ai .May 7 -
The real estate technology company reduced its workforce and consolidated select vendor relationships. These moves will save the company roughly $2 million.
May 7 -
The lenders' examples of using generative artificial intelligence were more practical than transformational, but in any case data challenges represent a common problem.
May 7
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The Federal Open Market Committee voted to reduce interest rates by 25 basis points Wednesday, but the emergence of dissents on the committee makes the chance of another quarter-point cut in December less certain.
October 29 -
The Federal Open Market Committee is expected to announce guidance on the end of its quantitative tightening program later Wednesday. As that process draws to a close, experts are questioning when and how the central bank should use its balance sheet to smooth economic stress in the future.
October 29 -
Federal Reserve Governor Stephan Miran said the economic standoff with China could increase market volatility, further necessitating the central bank to move its policy stance to neutral.
October 15 -
Total mortgage origination volume is forecasted to barely eclipse $2 trillion by the end of the year for the first time since 2022, iEmergent said.
October 9
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Fannie Mae's home price sentiment index grew to 72.8 in February, up 2.1 points from the month prior.
March 7
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Bank investors hope they can party like it's 1995, when the U.S. economy stayed healthy even after aggressive Federal Reserve rate hikes. But a few analysts are a bit more cautious over whether banks' loan books will hold up as well this time.
January 2
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While the government-sponsored enterprise cut its origination forecast for this year, the Mortgage Bankers Association's updated forecast was unchanged from its October prediction.
November 22
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Regulatory changes and a dearth of existing new inventory is opening a pipeline of leads in the market, but interest rate pressure cuts into optimism.
November 20
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Households shelled out 5% more to upgrade their properties compared to a year ago, but volume will decline by almost 8% over the next 12 months, according to Harvard researchers.
October 23
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Increased purchases among property investors and build-to-rent buyers is just part of what's driving competition these days.
July 21
