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Economic forecasts include the possibility of higher inflation and slower growth that could stall future cuts to the federal fund rates.
December 5 -
The Toronto-based bank suspended its medium-term growth targets and announced a full-scale review of its strategies following historic anti-money-laundering failures.
December 5 -
Rocket argues it was unfairly tied to discrimination accusations, arguing the government aimed for "headline-grabbing claims" to bolster its case.
December 5 -
Underwriting methods have been steadily shifting to traditional full documentation, which accounts for 13.3% in the VERUS 2024-9, KBRA said, its largest share since VERUS 2024-6.
December 5 -
President-elect Donald Trump is nominating Frank Bisignano, the chief executive officer of fintech and payments company Fiserv Inc., to be the commissioner of the Social Security Administration.
December 4 -
The development marks another step in eNote adoption at government housing agencies following an announcement allowing commingled Ginnie Mae securitized pools earlier this year.
December 4 -
Rocket Mortgage is also allowing customers to use automated valuation models in lieu of appraisal for loans up to $400,000.
December 3 -
The news comes weeks after the servicing fintech announced its latest venture capital raise.
December 3 -
Federal Reserve Gov. Christopher Waller said the central bank's last framework review was too focused on the post-global financial crisis period and difficult to explain.
December 2 -
Redfin data supports findings from this summer when a significant share of buyers said they would move on purchases only after the election.
December 2