-
Treasury overhauls community development financial institution certification process -
Operational risk emerging as linchpin of Basel capital debate -
Bank CEOs bring Basel III battle to Congress -
With McHenry to exit House, financial panel will lose its dealmaker -
Mobile home prices surged by 77% in 5 years
- Sep 9-10, 2024|San Diego, CA
September's news roundup for the mortgage industry includes the impact of the Federal Reserve's rate cut on mortgage appetites, lenders continuing to launch and settle lawsuits and more.
-
The winner wowed judges with a natural-sounding artificial intelligence tool that also explained its decision-making on the back-end.
September 19
-
Agencies must now provide clearer justifications for their interpretations, while Congress needs to draft more precise legislation. The decision could empower banks to challenge agency rules more frequently and potentially prolong regulatory processes, with courts giving less deference to agency interpretations.
September 19
-
OceanFirst's own press release points out the federal government has obtained $120 million in relief in similar cases since 2021.
September 18
-
The Federal Reserve chair said he supports the revised proposal outlined by Vice Chair for Supervision Michael Barr and said the new proposal would get a vote by the full Board of Governors early next year.
September 18
-
Short-term rate cuts often don't immediately translate to lower financing costs for 30-year home loans, and there are some unique circumstances this time.
September 18
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.
-
Sen. Edward Markey warns that biased AI algorithms are making decisions that deny mortgages to Black people.
September 24 -
A Florida brokerage attempted to keep its antitrust suit alive by incorporating the recent Hunterbrook Media report.
September 24
-
Awareness of disaster risk has increased in the public and private sectors, and it appears to be prompting more interest in home improvements in particular.
September 24
-
A letter from several U.S. senators asked Director Sandra Thompson to follow the lead of her counterparts at other government-housing departments with similar rules already in place.
September 24
-
Federal Reserve Gov. Michelle Bowman said a lack of banking experience among regulatory officials has led to unintended consequences. She flagged mergers, fintech partnerships and liquidity proposals as prime examples.
September 24
