-
JPMorgan Chase Asset and Wealth Management Private Bank is pooling over 400 seasoned mortgage loans from its high-net worth clients. The loans are considered low-risk, but were not tested against CFPB qualified-mortgage standards.
July 23
-
Fannie Mae could be worthless to public shareholders, according to its newest analyst.
July 22
-
Commemorating the law's anniversary, the ex-president, joined by former Sen. Chris Dodd and Rep. Barney Frank, said years of tenacious GOP opposition did little to change the post-crisis regulatory regime.
July 21
-
The national conversation around systemic racism has compelled large banks to withdraw support from the “disparate impact” proposal. But community banks maintain that the proposed reforms would reduce frivolous claims.
July 20
-
The chairman of the Association of Independent Mortgage Experts is distancing himself from the organization after a Quicken Loans executive's wife filed a defamation lawsuit against him for vulgar group texts.
July 17
-
From affordable housing policy to GSE conservatorship, the next president will wield a heavy influence on mortgage and housing policies.
July 17
-
Remarks that the head of the mortgage broker association made about a Quicken Loan executive's wife in a video text exchange led to a defamation lawsuit, and housing-finance companies are taking sides.
July 16
-
The consumer agency alleges Townstone Financial's CEO and president made statements on a radio show discouraging applicants living in Black neighborhoods from seeking home loans.
July 15
-
A recent ruling declaring the Consumer Financial Protection Bureau’s structure unconstitutional signaled that a similar outcome awaits the Federal Housing Finance Agency. But the FHFA will argue in a new case that it does not deserve the same fate.
July 14
-
The existing framework should not be revised until a consensus has been achieved among stakeholders, including civil rights experts, according to Quicken.
July 13
