Joseph Hoesley has been elected vice chairman and head of commercial real estate by the board of directors of U.S. Bancorp, Minneapolis.Mr. Hoesley, 51, has led commercial real estate at U.S. Bank since joining the company in 1992. The commercial real estate division now consists of 30 regional offices and employs more than 300 people, the bank said. The CRE division's real estate portfolio totals $24 billion. The company can be found on the Web at http://www.usbank.com.
The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
