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The California-based lender will also have to pay a $1 million penalty

The closely watched case — which goes to the heart of how the Consumer Financial Protection Bureau operates — could have a huge impact on consumers, the agency and the many industries it oversees and those it seeks to regulate.

Overall, depository share has shrunk, but the major player, which had reduced its involvement, has been increasing it and recently shared some thoughts with a HUD official.

Reducing access to funding would harm both homebuyers and communities across the country.

But even if plowing back into Treasuries proves to be a winning trade, sticking with it won't be for the faint of heart. 

Depending on the down payment, borrowers could see a .15% to .30% decrease

New starts increased for the fourth month in a row, but are still below pre-pandemic numbers, according to Black Knight's preliminary figures.

The Consumer Financial Protection Bureau has taken an important step in saying that it would work to root out unfair practices in all banking services. This is will help ensure all customers are treated fairly.

Persistent inflation concerns drove the 30-year average up 41 basis points this month.

The biennial inquiry comes at a time when many are questioning the use of Federal Home Loan bank advances and the system's overall impact on housing.