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No U.S. region reported growth in issuances, with the number falling off the most in the Midwest.
September 16 -
The Consumer Bankers Association and the Center for Responsible Lending said the Consumer Financial Protection Bureau should renew its efforts to level the regulatory playing field between larger bank and nonbank companies that make installment and other kinds of personal loans.
September 15 -
The Department of Housing and Urban Development is investigating allegations that the real estate appraisal standards written by the Washington nonprofit perpetuate discrimination.
September 15 -
Both the 30- and 15-year averages are now more than 3 percentage points higher from their levels of one year ago.
September 15 -
Applications for these federal-backed loans headed upward after the Labor Day holiday but were offset by slowing conventional activity, sending overall volumes down for a fifth consecutive week, according to the Mortgage Bankers Association.
September 14 -
Join three officials from the Federal Housing Finance Agency's recently establish Office of Technology to hear about their goals and initiatives for the department and how their work may impact every day lending activities.
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The servicer is evaluating alternatives in light of the new rule the government bond insurer will put in place next year.
September 11 - AB - Policy & Regulation
The regulators issued a joint statement Friday morning reaffirming their commitment to the international regulatory framework, but it remains to be seen if they will do so by the Basel Committee's January deadline.
September 9 -
A Government Accountability Office report found that regulators scaled back supervisory examinations during the pandemic in part because of banks' technological shortcomings.
September 9 -
Financial downturns hit lower-wealth communities first and cause them to suffer the longest.
September 9
Government National Mortgage Association (Ginnie Mae) -
Acting Chairman of the Federal Deposit Insurance Corp. Martin Gruenberg said that the agency will continue to consider its rising assessment rates even as deposits fell in the second quarter
September 8 -
The 15-year average crossed the 5% threshold for the first time in over a decade.
September 8 -
Price levels "remained highly elevated," but nine districts reported some degree of moderation in their rate of increase, the report showed. The price of food, rent, utilities and hospitality services, in particular, rose substantially across all 12 Fed districts.
September 8 -
Bank of America is facing off in court with the bond insurer Ambac Financial Group in a $2.7 billion case that's one of its last legal hangovers from the subprime crisis.
September 7 -
The operational melding of highly regulated banks and less-regulated fintechs led acting Comptroller of the Currency Michael Hsu to warn of the potential for another financial crisis.
September 7 -
Declines in both purchases and refinances contributed to fractionally lower activity, as rising interest rates provided no relief.
September 7 -
Consumer demands for lower density and more affordable prices fueled a larger share of construction outside urban cores, but recent trends have led to slowdowns across the board.
September 6 -
Ginnie Mae has constructed a perfectly counter-cyclical capital regime that would crush the government loan market if left unaltered, the chair of Whalen Global Advisors writes.
September 6
Whalen Global Advisors LLC -
As the GSEs enter their 15th year in conservatorship, shareholders are wondering when they'll get their company back.
September 5
The Delaware Bay Company -
Also, SWBC lands two new chief officers, Angel Oak ups its correspondent business team and Movement Mortgage taps industry vets for newly created roles.
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