Commercial banking

The New Jersey-based mortgage lender said it purchased Florida Funding, which has originated nearly $600 million in loans since it was founded in 2017.

The bill, introduced by Rep. Derrick Van Orden, creates a permanent partial claim program for veterans.

Pavlo Boyko is accounting and tax solutions architect at TMF Group.

The 30-year fixed rate stayed within a narrow range throughout most of July, with forecasts likely to leave the housing market "stuck," said one economist.

Bob Fraser is the co-founder, CFO and chief macro strategist at Aspen Funds. An author, entrepreneur and podcast host, he is passionate about expanding access to institutional-caliber opportunities traditionally reserved for family offices and ultrawealthy investors.

New homebuyers found mortgages more affordable last month amid growing supply and softer prices nationwide, new data from the MBA finds.

Rodrigo Tumaián is co-founder and co-CEO of Prometeo, the largest open banking platform in Latin America.

Jay Venkateswaran is head of banking and financial services at WNS.

Freddie Mac boosted its single-family provision because of modeled and observed declines in home prices and future appreciation during the second quarter.

While rising national home values leave close to half of owners on solid financial footing, growth in seriously underwater loans points to pockets of stress.

The regulator renewed his fight with the policymaker after the latter left the rates he oversees unchanged and distinguished them from those for mortgages.

One mortgage firm is out of business months after a cybersecurity incident, which compromised the personal information of over 30,000 of its former clients.

Fears of identity theft are top of mind for many Americans, even as many admit they're open to lying themselves in order to get mortgage credit.

Federal Reserve Chair Jerome Powell said during his regular press conference Wednesday that the process of determining tariff-related price increases was always going to be slow, but it has taken longer than he expected.

Zorana Milovanovic, MBA, is a senior accountant specializing in ERP implementation, financial systems optimization and compliance in high-growth, regulated environments. She has supported end-to-end system transitions, often acting as a liaison between accounting, IT and audit teams. With business degrees from both the U.S. and Europe, she brings a cross-cultural perspective to internal controls, SOX readiness and policy design.

Still, Redwood Trust lost $100 million on a GAAP basis for the period, a result of its previous decision to pivot to a scalable operating model in mortgages.

The Federal Reserve's monetary policy committee is expected to leave interest rates unchanged again Wednesday amid reports of renewed economic growth in the second quarter and despite ramped up pressure from the White House to cut rates.

The government-sponsored enterprise's expense cuts and revenue gains minimized an earnings decline stemming primarily from a revised credit loss provision.

The uninspiring mortgage numbers come a week after the Mortgage Bankers Association downgraded its yearly origination forecast over economic uncertainty.

Rod Branch is the CHRO at ARCXIS Builder Services.