Origination

Credit union executives talked up a pending regulatory relief effort while endorsing a radical shift in direction by the Consumer Financial Protection Bureau during a meeting with President Trump and other top White House officials on Monday.

In an interview during his first day on the job, Anthony Noto also spoke about improving the firm's culture and the prospects for an IPO.

Sales of new homes unexpectedly fell in January to the lowest level since August as borrowing costs rose and winter weather depressed demand.

The digital-only Ally Bank has taken several steps to deepen customer relationships through electronic channels, including use of personalized emails and websites that have yielded strong click-through and loyalty rates.

Credit unions favor housing finance reforms that would keep the government-sponsored enterprises or something similar in place, but add an explicit government guarantee to their mortgage-backed securities, according to a recent survey.

Home prices achieved a new peak in December while also marking 68 consecutive months in annual home price appreciation, according to Black Knight.

Tony Hicks moved to San Jose in 1981, but he's had enough.

Home prices in Maine jumped by more than 5% in January compared with a year earlier, while the volume of sales was relatively flat.

A $2.38 million loan Remax founder and former CEO David Liniger provided to the company's then-chief operating officer, Adam Contos, violated the company's code of ethics because its board of directors was never told about it, the company said as it announced it had completed an internal investigation.

Low home inventory continues to put upward pressure on home prices, but affordability strains may be overstated, according to First American Financial Corp.