Barbara Alexander, one of three Freddie Mac directors the Federal Housing Finance Agency left in place after the company was placed into a conservatorship, will step down from the GSE's board once her term ends in March. She is currently chairwoman of the business and risk committee and serves on the compensation and executive committees. Since 2004, Ms. Alexander has been an independent consultant. Before that, she was a senior advisor at UBS Warburg LLC and managing director of the North American construction and furnishing group in the corporate finance department at UBS. She is also an executive fellow at the Joint Center for Housing Studies at Harvard University.
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House Democrats on the Financial Services Committee said the more than 400-page Community Reinvestment Act proposal warrants more time for review, given its sweeping implications for community development and bank lending.
September 25 -
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
September 25 -
A judge found United Wholesale Mortgage did not break the law in its handling of the retirement plan, which ex-workers say cost them a collective $1.8 million.
September 25 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
September 24









