-
The Federal Housing Finance Agency has proposed a plan that would exempt the Federal Home Loan Banks from conducting stress tests.
December 16 -
The city of Philadelphia and Wells Fargo have agreed to resolve a 2017 lawsuit in which the city accused the bank of violating the Fair Housing Act by steering minority borrowers into risky, high-cost loans.
December 16 -
Without admitting wrongdoing, the bank has agreed to contribute $10 million to city programs promoting homeownership for low- and moderate-income residents.
December 16 -
Star investor Jeffrey Gundlach and his team have generated strong returns by focusing on under-followed pockets of the market like mortgage securities, but his success may be hard to replicate.
December 13 -
According to a survey by the National Association of Realtors, 12% of homebuyers in 2019 bought a multigenerational home.
December 6 -
Denmark’s housing minister says he would find a 10% market decline an acceptable outcome as he tries to alter the law to prevent speculation
December 6 -
The U.K.’s Financial Conduct Authority is forcing firms to spell out executives’ responsibilities and put them on the hook for conduct problems. The toughest rules will apply to larger mortgage lenders.
December 6 -
A report from the Financial Stability Oversight Council cited a bigger share of originations and servicing by nonbanks as a potential vulnerability in the financial system.
December 5 -
A judge's ruling in San Mateo County is raising fears among developers and advocates for more housing construction that the state will lose its leverage for forcing cities to build their way out of California's affordability crisis.
December 5 -
A report from the Financial Stability Oversight Council cited a bigger share of originations and servicing by nonbanks as a potential vulnerability in the financial system.
December 4