Comptroller of the Currency John Hawke Jr. has decided to step down as the chief supervisor of national banks on Oct. 13 when his five-year term ends."I am pleased to report as I take my leave that the [national banking] system is strong and the national bank charter is strong and vibrant," the comptroller says in a letter to President Bush. Deputy Comptroller Julie Williams is expected to serve as acting comptroller until the Senate confirms Mr. Hawke's successor.
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The number of homes purchased by foreign buyers increased for the first time in 8 years, with many making all-cash purchases of vacation and rental homes.
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Prosecutors said the defendant will pay back $13,784 in restitution for federal housing assistance he fraudulently obtained between 2019 to 2020.
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Most indicators cited by Morningstar DBRS are favorable to a good securitization market the rest of the year, but inflation is one of several challenges.
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While Sunbelt markets were more likely to see softening property values, the Northeast saw growth continue, according to Intercontinental Exchange.
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Mortgage professionals are more often subject to non-compete and non-solicitation agreements and aren't likely to be impacted by the new Sunshine State law.
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New limits for forward commitments add to indications the secondary mortgage market is watching builder partnerships with home lenders closely.
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