Organization Root Tag

The Department of Justice argues that mortgage lenders, including Rocket Mortgage, should be held accountable for the work of third-party appraisers.

These regulatory announcements in the banking industry are currently open to public comment.

If Thompson had opted against resigning, President-elect Donald Trump would have been able to fire her quickly after his Jan. 20 inauguration due to a US Supreme Court decision that made it easier to remove the FHFA director.

The decision revealed Monday upholds an appeals court ruling in favor of federal investigators.

In a speech outlining his priorities for the FDIC, Vice Chair Travis Hill stressed the need for a more flexible regulatory approach, addressing capital requirements, digital assets, climate policy, and bank oversight, while emphasizing transparency and timely action.

Craig Phillips worked on early efforts to move the government-sponsored enterprises toward a conservatorship exit during the first Trump administration.

New chairs Nanci Weissgold and Bill Nelson both also sit on the trade association's board of directors.

As the flames continued to spread, banks closed more branches while others donated to relief efforts.

Seen by many as a logical pick for the Federal Reserve's next vice chair for supervision, Gov. Michelle Bowman wants the institution to focus on safety and soundness issues, tailoring and transparency.

While the actual registration process has been going smoothly, there's some confusion among nonbanks over the timing and what needs to be included.

Experian said it has gone "above and beyond the law" to investigate consumer disputes related to the accuracy of information.

The Consumer Financial Protection Bureau finalized a rule that will remove medical  bills from credit reports to end what the bureau called "coercive debt collection practices."

The leading homebuilder trade group was joined by a consortium of state attorneys' general in the filing, alleging higher costs to both its members and potential buyers of new units.

The manufactured home loan lender, a unit of Berkshire Hathaway subsidiary Clayton Homes, was accused of ignoring red flags that sent many borrowers into bankruptcy, default and ultimately out of their homes.

The Consumer Financial Protection Bureau's last-minute actions are expected to annoy the incoming Trump administration, which will seek to undo them, putting protections in jeopardy.

Freddie Mac shares rose to $4.14 at 12:30 p.m. in New York Friday, Fannie Mae's stock climbed to about $4.23, each up 22% from the previous day's close.

Although a new administration means policy uncertainty, most analysts see the economy growing above trend next year, although inflation will remain a concern.

Even as annual home value growth levels out and the pace slows, prices are still rising and reached new records in October, two separate tracking measures disclosed.

A vast majority of the collateral pool balance, 82.6%, are mortgages used to purchase primary residences, and just 17.4% finance second homes.

Alternative documentation accounts for 37.9% of the pool balance, compared with 24.6% on the 2024-NQM4 deal.