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President Trump said Thursday that he will nominate Stephen Miran, who currently serves as chair of the White House Council of Economic Advisers, as the next member of the Federal Reserve Board of Governors. Miran is a key architect of President Donald Trump's tariff policy.
August 7 -
President Trump's imposition of sweeping tariffs on more than 90 countries Thursday represents a major shift in the U.S. trade stance, but the impact on inflation, the Federal Reserve and the economy are still unclear.
August 7 -
The suit accuses Wells Fargo of digital redlining via its proprietary underwriting system from 2018 to 2022.
August 7 -
The executive order tells banking regulators to examine banks for signs of politically motivated account denials.
August 7 -
The survey shows that Americans are more confident in their own finances, though most still expect home prices and mortgage rates to rise over the next year.
August 7 -
July's surprising jobs report helped drive Treasury yields and corresponding rates lower, opening up a window of opportunity for borrowers to capitalize.
August 7 -
In the second quarter, the nation's largest originator funded $39.7 billion in mortgages, including $27.3 billion in purchase loans.
August 7 -
The company, which is projecting adjusted EBITDA profit next fall, saw its Neo Home Loans arm more than double its production from the first quarter.
August 7 -
From warehouse offerings from a subservicer to a development willing to take crypto for purchases, these firms are looking to fill holes in the market.
August 7 -
Citigroup Inc. Chief Executive Officer Jane Fraser met with President Donald Trump on Wednesday to pitch public stock offerings for mortgage giants Fannie Mae and Freddie Mac.
August 6 -
MBA urges GSEs to drop tri-merge credit rule, calling it outdated and costly as FHFA weighs broader credit reporting and scoring reforms.
August 6 -
One loan sale is planned for Wednesday, while the other is tentatively happening in September. All-in-all, the two offerings are worth close to $1 billion.
August 6 -
The company also added a new marketing executive to drive growth, with current expansion coming after it also secured an origination purchase deal last month.
August 6 -
While the company exceeded analyst expectations on several fronts, its Q3 outlook includes softer revenue and a slide back into negative EBITDA.
August 6 -
With federal oversight easing, Rhode Island joins states pushing cybersecurity laws for finance companies not covered by federal bank regulators.
August 6 -
The mortgage numbers are a welcome boost to a market that has struggled to overcome high costs and prolonged economic uncertainty.
August 6 -
Prior to the earnings release, Finance of America announced it was buying out Blackstone's equity stake in the mortgage lender for $80 million.
August 5 -
Groups like the Mortgage Bankers Association and National Housing Conference welcomed the decision to increase the secondary market for the credits.
August 5 -
Americans now hold $34.5T in home equity, fueling a surge in home equity loans as lenders race to capitalize on rising property values.
August 5 -
President Trump in an interview Tuesday morning railed against big banks for allegedly discriminating against conservatives, a notable shift in tone that puts more responsibility for the debanking debacle on banks rather than regulators.
August 5



















