Origination

The tech industry’s attempts to simplify the process of selling a house depend on flipping properties to some of the biggest names in global finance.

Total U.S. jobs came in below consensus estimates in December, according to the Bureau of Labor Statistics.

The consumer agency’s latest data analysis takes issue with how Equifax, Experian and TransUnion have dealt with a deluge of grievances. One analyst called it a “starting point” for stricter regulations and enforcement actions.

The Duty-to-Serve goals currently under review drew some objections from a coalition of affordable housing groups last year.

Despite the rising number of COVID infections, investors made no moves that would apply downward pressure.

While some in the industry support the change, mortgage broker trade group AIME called on the agency to reconsider it.

Federal Reserve officials said a strengthening economy and higher inflation could lead to earlier and faster interest-rate increases than previously expected, with some policy makers also favoring starting to shrink the balance sheet soon after.

The credit bureaus plan to add repayment data for installment loans, a move that can inform credit decisions and help answer regulators' questions about how such borrowing affects consumers' financial health.

The division will focus on short-form video favored by emerging homebuyers.

Refinances also decreased, with rising rates contributing to the slowdown.