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FHLBs should double financing for affordable housing, regulator says -
CFPB makes structural changes after expanding authority over nonbanks -
How Senators want to preserve rural housing stock -
Fed's Powell touts benefits of international coordination -
New details on rush of Home Loan bank borrowings at three failed banks
- Sep 9-10, 2024|San Diego, CA
Mortgage stakeholders spent $6.7 million on lobbying this year, down from $12 million in 2022.
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Mortgage applications were up and rates were down in the wake of the Federal Reserve's interest rate cut, but experts wonder will that be enough to counteract higher housing prices.
October 2
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The president of the National Association of Mortgage Brokers shares her outlook for the trigger lead bill, secondary-market refinancing restrictions and more.
October 2
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The top five credit unions have combined first mortgage loans and lines of credit of more than $104 billion as of June 30.
October 2
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In their only vice presidential debate, Democratic nominee and Minnesota Gov. Tim Walz talked about how housing should not be considered a "commodity," while Republican Sen. J.D. Vance tied housing shortages to illegal immigration and government regulation.
October 1
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Figure Technology Solutions introduces a gen AI-powered tool dubbed the "stare and compare killer" which aims to help with document reviews.
October 1
Those who raced ahead of the pack of loan originators last year went the distance by offering exceptional customer service, catering to niche pockets of demand in the market.
These are the best of the best, the nation's 50 most productive mortgage originators by dollar volume.
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Stronger than expected numbers for overall U.S. employment additions have diminished lender hopes for steeper rate drops, and industry hiring has been tepid.
October 4
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Companies announced new product rollouts and capital raises last month, but some are also facing lawsuits as the industry encounters heightened attention to the lack of consumer protections.
October 4
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Chief capital markets officer William Chang is stepping down "to explore new opportunities within the mortgage banking sector."
October 3
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Franklin Credit Management Corp. agreed to pay $300,000 to Massachusetts and not sell its portfolio of state loans to a different servicer.
October 3
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Buyers aren't necessarily responding to greater inventory and lower mortgage rates.
October 3
