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A lapse in the National Flood Insurance Program because of the US government shutdown threatens to snarl home sales in the nation's riskiest floodplains and leave some homeowners without coverage in the middle of hurricane season.
October 9 -
Federal Reserve Gov. Michael Barr said in a speech Thursday that he fears the gradual pace of price increases from tariffs being passed on to consumers may prolong the one-time inflationary effect of the tariffs to the point where it affects consumers' inflation expectations.
October 9 -
Will the Federal Reserve cut rates in October? BNP Paribas Chief U.S. Economist James Egelhof discusses the meeting and Chair Jerome Powell's press conference.
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Along with the company's rebranding to Lendware, a new CEO also takes the helm following allegations of financial mismanagement among some former leaders.
October 9 -
The shutdown halted the release of employment data, typically a driver of mortgage rate activity, likely resulting in trackers moving in varying directions.
October 9 -
A series of social media posts, from the US president over the weekend and then from the FHFA director and real estate scion Pulte on Wednesday, are helping put an S&P gauge of builders on track for a four-day losing streak.
October 9 -
President Trump wants the two government-sponsored loan buyers to help speed lower-cost home creation and their oversight agency's director is following up.
October 9 -
The antitrust lawsuit suggests over two dozen mortgage companies shared sensitive loan origination information as the "price of cartel membership."
October 9 -
Some lenders have a workaround for the Federal Housing Administration's suspension of reverse mortgage endorsements but fewer options exist in other instances.
October 9 -
Roughly 100,000 properties in the United States had a foreclosure filed in the third quarter this year, an increase on a quarterly and yearly basis, ATTOM said.
October 9 -
Equifax will hold costs for scores from FICO rival Vantagescore through 2027 and offer other incentives meant to drive adoption of the alternative metric.
October 8 -
New Federal Reserve research reveals that identity theft victims who use extended fraud alerts often see significant and lasting credit improvements.
October 8 -
The mortgage regulatory environment is constantly in flux. Join Firstline Compliance's Josh Weinberg as he discusses how technology can address lender concerns.
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Federal Reserve Gov. Michael Barr is warning small banks about the growing threat from fraudsters' use of AI-generated deepfakes. But he also says AI may be able to help community banks fight fraud more effectively.
October 8 -
Top Democratic lawmakers are asking the full appeals court to hear a case about the Trump administration's efforts to fire employees at the Consumer Financial Protection Bureau.
October 8 -
The truth is straightforward: the VantageScore 4.0 credit score outperforms the outdated FICO Classic credit score for mortgage, writes the chief data scientist at VantageScore.
October 8
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The Senate confirmed former Federal Deposit Insurance Corp. board member Jonathan McKernan to serve as Treasury's under secretary for domestic finance on a party-line vote, installing a key industry ally in the Treasury Department.
October 8 -
Traders are bracing for a range of Fed outcomes: some hedging flows have favored outlier dovish scenarios and other trades have focused on the possibility that the Fed forgoes a move at one meeting.
October 8 -
How did Pennymac grow into a leading TPO player? Wholesale chief Kim Nichols describes the lender's rapid rise, and weighs in on the impact of trigger leads, LO
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Applications for mortgages to buy a home or refinance both fell for a second week, marking a swift reversal of what had been a hopeful sign of a revival in the US housing market.
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