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Potential cybersecurity and data privacy violations are among the many dangers of giving the Tesla CEO free rein over systems and data used for Social Security benefits and tax refunds.
February 5
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Since the National Association of Realtors changed its commission payment rules on Aug. 17, the impact on agent compensation has varied.
February 5
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Tom Krause, the chief executive of Cloud Software Group, and Marko Elez, an engineer who has worked for SpaceX and social-media platform X, have offices in the Treasury Department, according to sources.
February 4
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The Federal Reserve Board lifted two enforcement actions against the megabank dating back to 2011. But the Fed's seven-year-old asset cap remains in effect.
February 4
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The Federal Reserve terminated two mortgage-related enforcement actions against Wells Fargo & Co. from more than a decade ago, the central bank said Tuesday.
February 4
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The newly created entity, Rithm Acquisition, is a possible, albeit unlikely, way to finally take its NewRez mortgage lending business public.
February 4
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Some mortgage stakeholders say Trump's tariffs would make interest rates rise and housing costs shoot up.
February 4
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Desmond will be succeeding Pierre Naudé in leading the bank technology provider.
February 4
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Donald Trump's second administration is widely expected to be far less skeptical of bank mergers than the Biden administration has been, but industry experts say that political opposition to big bank mergers and business considerations will still be roadblocks.
February 4
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The move extends the technology company beyond origination functions by pairing it with a former Mortgage Builder platform its parent company also owns.
February 4
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Excess capacity remains in the mortgage origination cycle, and lenders need to cut costs and end the boom-and-bust hiring, Boston Consulting Group said.
February 4
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Mr. Cooper is set to launch a pilot program by midyear, integrating previously released components into a unified platform.
February 4
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The mortgage securities guarantor told the Government Accountability Office it was held back by the limits of its role and information sharing constraints.
February 3
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Treasury Secretary Scott Bessent, who was named to be acting director of the Consumer Financial Protection Bureau, has told the agency's staff to put a halt to all rules, enforcement actions and hiring.
February 3
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The company, which became a depository in 2022, will be offering affordable housing products and initiatives in 45 states and the District of Columbia.
February 3
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The president has named Treasury Secretary Scott Bessent to run the Consumer Financial Protection Bureau on an acting basis after firing CFPB Director Rohit Chopra over the weekend.
February 3
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The wholesale and non qm lender said it's placed Serene Vernon on administrative leave and elevated capital markets officer John Hamel to the role of president.
February 3
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After repeatedly blasting Janet Yellen last year over her department's strategy for issuing federal debt, it's now up to Scott Bessent to make the call on sales of Treasuries, with bond dealers conflicted over what he'll do in a pivotal release due Wednesday.
February 3
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Homeownership increased the most in Connecticut between 2019 and 2024.
February 3
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While it is still early to see the full impact on delinquencies, 5% fewer borrowers in these areas made their monthly mortgage payment by Jan. 17.
February 3
