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Cullen/Frost, Columbia, Synovus, Valley National and Associated all have relatively large exposures to the office sector, which has been hurt by the popularity of remote work. Their executives point to factors that offer protection, including the geographic composition of their portfolios and the types of buildings that serve as collateral.
June 27 -
Also, Fannie Mae finds new board member, U.S. Mortgage Insurers ups legal, government relations teams, PRMG names general counsel and Down Payment Resource expands.
June 21 -
The top five lenders have a combined residential portfolio volume of more than $900 billion at the end of Q1 2023.
June 20 -
The government-sponsored enterprise's chief executive managing the issue is looking at how things like roof pitch can mitigate the impact of natural disasters on homes.
June 19 -
If a lender can address language barriers, the loans can be simple to originate and are likely to deliver higher yields as well as ultra-low delinquency rates, experts said.
June 14 -
Republican-led bills seeking to reverse adjustments to mortgage fees and a bipartisan bill aiming to reinstate tax deductions on mortgage insurance stand to change operations for lenders if they pass.
June 13 -
The top five lenders have a combined second-lien volume of more than $95 billion at the end of Q1 2023.
June 12 -
Residents in the five cities with the lowest scores have an average median credit score of 499.8 in 2022, according to WalletHub.
June 9 -
Consumer Financial Protection Bureau Director Rohit Chopra faces tough questions next week testifying before the Senate Banking Committee and House Financial Services Committee.
June 8 -
The top five lenders wrote a combined total of more than $34 billion in home loans during the quarter.
June 8