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Companies like U.S. Bancorp have found ways to apply the information they use to serve thin-file applicants to small-business owners and other borrowers.
March 24 -
The bank's broader challenges, which include a run on deposits and difficulty selling loans without realizing losses, could affect the rating agency's assessment of its servicing.
March 24 -
The use of the Federal Reserve's emergency lending facilities was largely unchanged this week, indicating to some that the recent liquidity crisis isn't getting any worse.
March 24 -
Return on investment fell to 26.9%, the smallest since 2008, according to a new report from Attom.
March 24 -
The share of women property holders fell four percentage points from the prior year, according to Zillow
March 24 -
The economic situation is more like what happened during the mid-'80s thrift crisis than the 2008 downturn, said Chief Economist Doug Duncan.
March 24 -
In addition, delinquencies rose after receding the previous month, according to the latest report from Black Knight.
March 23 -
Concerns about a credit crunch in the market have highlighted mortgage lenders' reliance on other institutions for funding.
March 23 -
The two companies state the agency's anticompetitive claims about the deal are wrong, and claim that their in-house hearing is unconstitutional.
March 23 -
Government-sponsored originations accounted for over half the share of transactions found with "critical" flaws, according to Aces Quality Management.
March 23 -
The Federal Reserve wants a smaller balance sheet to help rein in inflation. But uncertainty in the banking system is pushing it in the opposite direction.
March 23 -
A federal appeals court ruled in favor of the Consumer Financial Protection Bureau, setting up a court split ahead of a highly anticipated Supreme Court hearing in October. The Fifth Circuit previously ruled that the agency's funding mechanism violates the Constitution's separation of powers doctrine.
March 23 -
The agency, which oversees government-related investors that set underwriting parameters in the U.S. mortgage market, estimates the process will begin in 2024.
March 23 -
Bond market investors continue to drive down the benchmark 10-year Treasury yield, even after short-term rates were boosted 25 basis points on Wednesday.
March 23 -
Purchases of new single-family homes increased 1.1% to an annualized 640,000 pace after a 633,000 rate in January, government data showed Thursday.
March 23 -
Homebot acquired Quo Finance, a first-time home buying app.
March 23 -
The San Francisco bank said the move is designed to "foster closer alignment with the shareholder experience and signal commitment to the bank and all of its stakeholders." The company's stock price has fallen 89% this year, and government officials have reportedly been working with industry leaders on a rescue deal.
March 22 -
More banks were on the list and although United Wholesale led by dollar volume in fourth quarter earnings, its loan count for the full year remained lower than Rocket's, an analysis shows.
March 22 -
More hikes are likely as the Board is confident its bid to quell inflation won't deepen a nascent banking crisis.
March 22 -
Financial tightening stemming from two recent bank collapses has served as its own check on inflation, according to Federal Reserve Chair Jerome Powell. He said the relatively small rate hike announced Wednesday was not the result of financial stability concerns.
March 22


























