-
The increase in purchase volume was not enough to offset the drop in refinance application submissions as conventional rates increased week-over-week.
August 27 -
The government-sponsored enterprises' oversight agency will require the merging mortgage giants to have "appropriate financial and operating safeguards."
August 27 -
President Donald Trump's unprecedented and escalating attack on the Federal Reserve runs the risk of backfiring by hitting financial markets and the economy with higher long-term borrowing costs.
August 27 -
Data suggests that the beleaguered commercial real estate market isn't going to get worse. And now that banks have had time to build reserves, any losses they do take shouldn't be disastrous, analysts say.
August 27 -
The accusations could have broader implications for secondary market supervision as technology potential improves the speed at which detection can occur.
August 27 -
The new affiliate, NAF Insurance Services, is teaming up with The Baldwin Group to offer a range of coverage from more than 50 carriers nationwide.
August 26 -
The bank "temporarily" paused home equity line of credit lending in April 2020, over concerns regarding the economic impact of the Covid-19 pandemic.
August 26 -
The American Fintech Council publicly declared support for California SB 69, which would require "internal expertise" for artificial intelligence regulation.
August 26 -
Legal experts say President Trump's unprecedented move to fire Cook over alleged past misconduct will likely be hashed out in court, but there is little precedent to determine whether a sitting board governor can be removed for past actions.
August 26 -
A proposed rule published Tuesday in the Federal Register would limit the Consumer Financial Protection Bureau's ability to designate nonbank entities for supervision.
August 26