It appears that the House Financial Services Committee will have at least 11 new members, although the exact makeup of the committee has not been finalized.The Republicans have announced the selection of six new members, including Rep. Deborah Pryce of Ohio, who is stepping down from the Rules Committee and rejoining the financial services panel. The other new Republican members are Reps. Geoff Davis (Ky.), Michael Fitzpatrick (Pa.), Patrick McHenry (N.C.), Randy Neugebauer (Texas), and Tom Price (Ga.). Meanwhile, the Democratic Steering Committee has selected Reps. Al Green (Texas), Emanuel Cleaver (Mo.), Melissa Bean (Ill.), Debbie Wasserman Schultz (Fla.), and Gwen Moore (Wis.) to serve on the committee. The committee assignments are not official until the Democratic Caucus approves them. The final makeup of the committee will be determined after Congress returns Jan. 20 for the president's inaugural. In the last Congress, the Financial Services Committee had 37 Republican members and 33 Democratic members.
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The top five producers had an average dollar volume of VA and USDA loans of more than $35 million in 2023.
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While income decreased from the fourth quarter, it accelerated on an annual basis across NVR's building and lending units.
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Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.
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Prevention through new building standards and mapping technology aim to keep home insurance rates down but mortgage bankers see challenges.
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The mortgage lender and servicer announced that Ranjit Bhattacharjee, a capital markets veteran, and Kevin Barker, a financial analyst with two decades of experience, have joined its ranks.
April 23 -
Because of rising home values, more transactions have proceeds over the federal tax exemption, especially in California, a CoreLogic study found.
April 23