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Federal Reserve Bank of New York President John Williams said he's seen enough data to be comfortable with a rate cut at the Federal Open Market Committee meeting later this month.

After hikes pinched profits across the industry, a move in the opposite direction could be the start of a more promising trend. But bankers caution that the immediate effects of a September rate cut figure to be small.

Other estimates suggest nonbank mortgage employment grew in July as the industry cautiously added staff to handle incremental growth in demand for loans.

Prophecies about a wave of bank failures caused by sickly CRE loans haven't yet come true. But there are still plenty of caution signs in a saga that will take years to play out.

The lender is asking U.S.Tax Court to find IRS adjustments in error and clear the company of any liability or penalties.

Guild Mortgage is now referring to its reverse loan offerings, including FHA and private-label jumbo, as Flexible Payment Mortgages.

The central bank has been under pressure to modernize its last-resort lending operation since the failure of three large regional banks last year.

The Republican presidential nominee laid out his economic platform during a speech at the Economic Club of New York.

The Consumer Financial Protection Bureau said some non-profit hospitals are failing to provide assistance to low-income consumers, while landlords may be illegally charging fees to pay rent through online portals.

New adjustments to Home Equity Conversion Mortgage servicing calculations address 2017 changes to repayment policies that hadn't been fully implemented.

First Electronic Bank is using technology from Spring Labs to analyze its fintech partners' customer communications and identify problems.

Details regarding the settlement are sparse, but will be finalized by Sept. 30, 2024, documents show.

Net income climbed more than 11% from the first quarter, even as banks set aside more money for possible bad credit and wrestled with deteriorating office markets.

She spoke hours after a private payroll survey showed U.S. companies added the fewest jobs since the start of 2021 in August.

The 10-year Treasury yield was down by 10 basis points from a week ago, but Freddie Mac reported no movement in mortgage rates while other sources found that they were down by 7 basis points.

Cybersecurity incidents at vendors often expose their business partners to significant risk. What are the threats lenders face, and how can they strengthen their defenses?

The top five mortgage originators had an average of 162,666 originations last year according to Home Mortgage Disclosure Act data.

With Tidalwave receiving its first approvals for integrations with automated underwriting systems, its CEO explains why the current environment represents a good opportunity for a new mortgage startup.

Flagstar Bank sued Hometown Lenders for $21 million in 2023, after the lender defaulted on a $60 million warehouse line.

Ginnie Mae had tried to slow the pace of Texas Capital Bank's case and move it to a different court but the judge rejected its legal arguments for doing so.