Organization Root Tag

Government lending leaders also addressed efforts to increase housing stock and affordability in a discussion at the Mortgage Bankers Association's annual conference.

Treasury Secretary Janet Yellen announced an initiative aimed at enhancing financial inclusion. The plan includes calling on U.S. banks to participate in upholding fairness and expanding consumer financial access.

The notes receive credit enhancement from overcollateralization, and an initial reserve.

Positive feedback from participants in existing programs led to the decision to expand them in order to assist more lenders.

The longtime JPMorgan Chase CEO discussed the Basel III endgame capital rules, interchange fees and open banking during a fireside chat at the American Bankers Association's annual conference.

The Consumer Financial Protection Bureau may face an existential threat if former President Trump is reelected, while the agency could be emboldened if Vice President Harris wins.

The deal will repay investors on a hyrid pro rata, sequential basis. Credit enhancement ranges from 51.7% on the class A1A notes to the 2.25% on the class B2 notes.

A big part of the trouble with the RBC rule is that Ginnie Mae is essentially using its limited legal authority to qualify government issuers to impose sweeping changes on how IMBs operate writes the Chairman of Whalen Global Advisors.

The rule, finalized Tuesday, enables consumers to share their financial data with third parties. Here are the implications for banks.

The Mortgage Bankers Association finds a chief financial officer, Two Harbors welcomes servicing executives and Assurance Financial taps industry veteran for new C-suite position.