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President Trump posted a letter on social media addressed to Federal Reserve Gov. Lisa Cook, informing her that he was terminating her due to allegations of mortgage fraud. The move is likely to tee up an unprecedented legal fight over the Fed's independence.
August 25 -
Bank industry advocates, housing groups and CRA veterans say the rule is overly complexity and burdensome, but even they agree pre-approving CRA-eligible activities was a good idea.
August 25 -
Contract signings on new single-family homes ticked down to a 652,000 annualized rate, with the strongest demand in the West, according to a government report issued Monday.
August 25 -
A Redfin survey found that no matter what age demographic, owners are in a better situation to make their payments compared to renters.
August 25 -
As the CFPB reconsiders LO comp rules, tech remains key to retention and performance, according to the Head of Customer Experience & Operations at Floify.
August 25
Floify -
Digital mortgage tools are changing the way lenders operate. These five industry-driven trends are shaping speed, compliance, and borrower expectations in 2025.
August 25 -
Treasury bonds jumped, widening the gap between short- and long-term yields to the most in almost four years — a typical reaction to a more dovish Fed.
August 25 -
President Trump's Big Beautiful Bill aims to save millions of homeowners an average of $1,454 annually,writes HUD Secretary Scott Turner.
August 25
Department of Housing and Urban Development -
Here's what industry experts have to say about a risk that a housing regulator has spotlighted through referrals that have led to high-level allegations.
August 25 -
While the overall delinquency rate improved this summer, FHA-backed mortgage borrowers continued to exhibit concerning levels of payment stress in July.
August 25 -
Bank of Glen Burnie, which is seeking to recover from a stretch when its assets declined, hopes that its deal for a residential lender can help boost loan production.
August 22 -
The President said in response to a press question about Federal Reserve Gov. Lisa Cook that he would fire her "if she doesn't resign" over allegations of claiming primary residence at two properties she owns, though the legality of such a move is unclear.
August 22 -
Home-purchase contracts in the US were canceled at a record rate for July as jittery buyers got cold feet.
August 22 -
The former Quicken Loans mortgage banker was a strong advocate for technology adoption during his 15-year run leading the company's home loan arm.
August 22 -
Zohran Mamdani's vision for New York ignores the hard math: apartments aren't the affordable answer for families, writes the Chairman of Whalen Global Advisors.
August 22
Whalen Global Advisors LLC -
Federal Reserve Chair Jerome Powell said Friday that while the central bank must "proceed carefully" in considering interest rate adjustments in the coming months, recent softness in employment "may warrant adjusting our policy stance."
August 22 -
The share of investor-owned properties sitting empty is greater than the vacancy rate for the nation's housing market, according to Attom Data Solutions.
August 22 -
Antonio White says he wants to use his experience in Washington and finance to help individuals who want to build wealth and connections in their communities.
August 22 -
In a letter to federal leaders, the Community Home Lenders of America expressed views about a possible GSE merger and the need for "critical" mortgage products.
August 22 -
Lagging tech adoption, issues with credit, and originators' rush to close refinances earlier this year contributed to deterioration, a study found.
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