William R. Dodds Jr. has been appointed to fill a vacant elective director seat on the board of directors of the Federal Home Loan Bank of Chicago.Mr. Dodds is executive vice president and treasurer of The Northern Trust Co., Chicago, and will complete the term of a former director that ends Dec. 31, 2008, the FHLBank said. He has been appointed to the board's Risk Management and Personnel and Compensation Committees.
New notices pointed out how large learning models could lead real estate businesses to unintentionally violate the Fair Housing Act in a marketing campaign.
The industry hasn't been sure how much of a lift they'd get this spring but a broader slowdown in hiring may help to lower financing costs.
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Rocket Cos. reported an increase in gain-on-sale margin but warned that going forward it is likely to slip back to levels seen in the second half of last year.
The 2022 vintage had a higher percentage of purchase mortgages, as well as 30-year fixed-rate loans versus the 2021 production, an annual Federal Housing Finance Agency report said.
