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Prior to this development, the CFPB was the sole industry participant to publish an average prime offer rate index on a weekly basis.
June 17 -
Privatizing Fannie Mae and Freddie Mac risks a return to the kind of perilous mortgages that helped cause the global financial crisis unless regulatory safeguards are kept in place, an affordable housing nonprofit said in a paper on Tuesday.
June 17 -
The closed meeting between the Federal Housing Finance Agency, the Treasury, and the Securities and Exchange Commission is the first publicized in some time.
June 17 -
The Mortgage Bankers Association chief thinks the move could fit in with regulatory goals, and it's getting pushback like an earlier version of the concept did.
June 17 -
The industry's biggest opportunities involve the evolving cost of capital, which will shift funding sources from the private, local lending markets to institutional sources.
June 13 -
The transaction is the first in what is planned to be a continued series of purchases by the new fund as it continues to raise capital from investors.
June 13 -
Secondary market interest in home equity contracts is drawing new participants, with 2025 securitization activity ahead of last year, industry leaders said.
June 13 -
The maximums for attorney costs related to foreclosures, mediation and bankruptcy proceedings have risen, according to the government-sponsored enterprise.
June 13 -
The move opened up the blockchain-based transaction to a broader range of investors who only buy bonds that receive top ratings from a major player.
June 12 -
The trade group, whose industry has come under attack by the growth of title insurance alternatives, cited Morton's lobbying expertise for his promotion.
June 11