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The Trump administration's executive order to terminate and replace federal enforcement of anti-discrimination policies at the local level, citing the burden it put on municipalities, enraged advocates of equitable housing practices.
July 23 -
JPMorgan Chase Asset and Wealth Management Private Bank is pooling over 400 seasoned mortgage loans from its high-net worth clients. The loans are considered low-risk, but were not tested against CFPB qualified-mortgage standards.
July 23 -
Google has allocated $115 million out of a $250 million investment fund for affordable housing projects in the Bay Area.
July 23 -
The returns on investment for homes sold in the second quarter of 2020 reached the highest level since the housing bubble collapsed, according to Attom Data Solutions.
July 23 -
Other moves it is undertaking include business divestitures and increased dividends while defending against a takeover attempt.
July 23 -
After two months of steep drops, home sales leveled off in the Sarasota-Manatee, Fla., region in June.
July 23 -
Mortgage rates rose for the first time in six weeks, going back the above the 3% mark, as spreads to the 10-year Treasury yield widened again, according to Freddie Mac.
July 23 -
Many commercial property owners are locked out of existing coronavirus relief by financing terms that bar them from taking new loans. Under a House bill, they would receive government-backed equity investments.
July 22 -
Other regionals set more aside for loan losses than the Cleveland bank did in the second quarter, and its ratio of reserves to total loans is slightly lower, too. But Key executives say the portfolio is balanced and holding up well despite the pandemic’s economic toll.
July 22 -
The company lost $8.9 million in the second quarter, but its origination and servicing businesses were profitable.
July 22