Subject Root Tag

Federal Reserve Vice Chair for Supervision Michael Barr outlined the changes he and other regulators would like to see to the capital reform plan, including largely excluding banks with less than $250 billion of assets.

The successor to Michael Hutchins, who filled the role on an interim basis, guided a well-known bank's real estate business through the financial crisis.

Consumer Financial Protection Bureau Director Rohit Chopra will be looking at whether automation accommodates or undermines potential savings from refinancing.

Negotiation of fees has become much more common, but most sellers are still willing to cover the buyer agent commission, at least to some extent, Redfin said.

Leaders from Mr. Cooper, Better, Fannie Mae, Freddie Mac, the FHFA and more gathered at the National Mortgage News Digital Mortgage Conference to discuss key strategies for the lower rate environment most expect is ahead.

The nonbank mortgage originators with the biggest fluctuation in funded loans between 2022 and 2023 saw an average change of 139.08%.

The bank has brought in mortgage industry veteran Ken Logan as senior managing director to oversee a broader range of financing it's offering to home lenders.

The CFPB changed how reverse mortgage lenders can appeal to older Americans. Their value is now pitched mainly through direct education, rather than through Tom Selleck.

Home selling sentiment was mostly unchanged, even though some shifts appeared on a regional basis, according to the latest Fannie Mae research.

Realpha, which currently does business in 20 Florida counties using its AI agent, is buying Be My Neighbor, a mortgage broker active in 26 states.

After months of anticipation, Federal Reserve Vice Chair for Supervision Michael Barr is set to lay out the path forward for the interagency regulatory capital reform effort known as the Basel III endgame on Tuesday.

Ziggy Jonsson, SVP of engineering at Better, talks about the shop's technology and what the future holds for AI innovation.

The bank faced credit setbacks in the nation's capital and margin pressure this year. But it made a series of hires to reduce risk and diversify its loan portfolio, preparing for a new era of demand as the industry awaits interest rate cuts.

California homeowners could be required to pay a surcharge if the state's insurer of last resort is unable to cover losses from a catastrophic wildfire.

Homestar Financial began winding down operations last fall, but its capabilities as a Ginnie Mae issuer was attractive for Irvine, California-based OCMBC.

A and N Mortgage claims the value of customer data stolen by ex-employees exceeds $1 million.

Subsidies for first-time homebuyers, such as the one proposed by Democratic Presidential nominee Kamala Harris, will only stoke demand and exacerbate the crisis, writes the chairman of Whalen Global Advisors.

A Billings, Montana-based First Interstate Bank agreed to a five-figure penalty to resolve charges it engaged in National Flood Insurance Act violations.

The deal will create liquidity for the lender's shareholders while giving the distillery access to the mortgage company's sales tools, the firms said.

Growth in housing costs should slow down over the next two years, but projections for 2024 were revised upward in a Fannie Mae survey of experts.