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House Democrats made an unusual move this week to avoid offering amendments or engaging in debate over a massive financial reform bill. Here's why.
September 15 -
The Consumer Financial Protection Bureau can determine nearly anything to be an unfair, deceptive or abusive act or practice, and it's more likely to do so when lenders try to take advantage of regulatory loopholes.
September 15Offit | Kurman -
Kentucky district court judge rules that the courts cannot interfere with the GSE regulator's wind down of Fannie Mae and Freddie Mac.
September 15 -
The share of lenders who cite government regulatory compliance as a main factor that will cause a decrease in profits has dropped dramatically, according to Fannie Mae.
September 15 -
Washington Federal in Seattle has added the general manager of mortgages at Zillow Group to its board.
September 15 -
Deutsche Bank may have to make additional legal provisions if a settlement with U.S. authorities over the sale of residential mortgage-backed securities exceeds $4 billion, according to analysts at JPMorgan Chase.
September 15 -
The average rate for the 30-year fixed rate mortgage increased to its highest level since the British vote to exit the European Union, according to Freddie Mac.
September 15 -
PNC Financial Services Group plans to increase consumer lending with its current tilt toward commercial loans generating lower overall loan yields.
September 14 -
Affordability constraints and a lack of awareness about low-down-payment mortgage options are tempering confidence about buying a home, according to the National Association of Realtors.
September 14 -
New homes aren't being built, and construction and development lending trends may be to blame, according to Kroll Bond Rating Agency's Christopher Whalen.
September 14