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The companies formed a partnership in 2019, in which the lender would handle mortgage processing, underwriting and closing for the digital-only bank.
October 20 -
The U.S. Court of Appeals for the 5th Circuit overturned a lower court's ruling, declaring the agency's funding structure and its 2017 payday lending rule invalid.
October 20 -
Higher interest rates are driving borrowers to adjustable-rate loans, which saw close to a 13% share in weekly activity, the highest since 2008.
October 19 -
The Federal Housing Finance Agency's tangible capital rule could prevent some banks from accessing advances from the Federal Home Loan Bank system in a rising interest rate environment.
October 18 -
The agency is currently using upper ceilings set in the Housing and Economic Recovery Act of 2008.
October 18 -
New-home mortgage applications fell 13.2% on an annual basis, while average purchase sizes declined for the fifth straight month.
October 18 -
Ramon Richards discusses Fannie's tech roadmap for 2023, retaining tech personnel, and relying on third party vendors
October 18 -
The Federal Home Loan banks and their clients were well represented in the Federal Housing Finance Agency's recent "listening tour." The public, not so much.
October 14 -
President Joe Biden's White House engaged in mathematical gymnastics on Thursday to draw some positive news out of an otherwise gloomy inflation report — one of the last that voters will see before they decide control of Congress in November.
October 13 -
Rent of shelter and owners' equivalent rent each accelerated 0.8% in September from the prior month, the most since 1990, according to Labor Department data released Thursday.
October 13