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The economy and the environment are impacting loan entries into forbearance, as well as their performance on exit, the Mortgage Bankers Association said.
October 22 -
JPMorgan Chase and bank trade groups criticized the Consumer Financial Protection Bureau's open banking rule for not providing enough data security.
October 22 -
Wall Street are paring back bets on aggressive policy easing as the U.S. economy remains robust and Fed officials have sounded a cautious tone over the pace of future rate decreases.
October 22 -
The bank had asked for partial summary judgment on an Administrative Procedures Act claim in the case involving its right to some reverse-mortgage collateral.
October 22 -
According to the litigation, a homeowner's Denver property was valued 25% less because of her race.
October 22 -
Mortgage borrowers will begin speaking with the enhanced chatbots early next year.
October 22 -
The top five states saw an average change in average mortgage rates of 3.15% quarter-over-quarter.
October 22 -
A survey shows the majority of mortgage stakeholders are not happy with the current political climate and are leaning more conservative.
October 22 -
The Consumer Financial Protection Bureau expanded the scope of the 1033 rule to include payment apps, provides for some secondary uses of data, and extends the timeline for compliance.
October 22 -
The Federal Open Market Committee is expected to cut interest rates at its September meeting, which will also provide a new Summary of Economic Projections. Marvin Loh, senior macro strategist at State Street Global Markets, examine the meeting, the SEP and Fed Chair Powell's press conference.
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The complaint focused on 41 employees which allegedly accounted for $260 million in annual production volume.
October 21 -
Recent polling an industry group analyzed points to a range of outcomes that could create opportunities and risks for commercial and residential financing.
October 21 -
The Federal Housing Finance Agency issued a proposed rule for the Federal Home Loan Bank System that allows the FHFA director to set "reasonable" board compensation.
October 21 -
The real estate investment trust, while still separately traded, is now under the Rithm umbrella, and is taking on that brand as well as a new business model.
October 21 -
Federal Reserve Bank of Dallas President Lorie Logan repeated her call for the U.S. central bank to lower interest rates at a careful pace as the economic environment remains uncertain.
October 21 -
The affordability crisis has moved to the center of national politics, posing complicated challenges for both Democratic nominee Kamala Harris and Republican Donald Trump as they try to woo voters in battleground states with promises to address housing costs.
October 21 -
The nation's highest court has no deadline to address the petition and can reject it without an explanation.
October 21 -
The cost of a credit score is $3.25, but could balloon to the $5 range in 2025.
October 18 -
The Arkansas bank said CRE is no longer its principal growth driver, yet it is still the bank's most prominent business and a big part of its robust lending activity.
October 18 -
Federal Reserve Board Gov. Christopher Waller argued that while decentralized finance technologies can reduce reliance on intermediaries and enhance efficiency, they ultimately pair well with centralized finance.
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