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Stopgap budget pact averts shutdown but lifts mortgage rates -
What bankers need to know about the government shutdown -
Housing market not likely to improve till 2025, analysts say -
Report: SF Fed mulled removing SVB's Becker from board before failure -
Menendez scandal may stymie flood insurance, other Senate Banking business
- Sep 9-10, 2024|San Diego, CA
Keith Wallace is a senior benefits practice leader at PCF Insurance Services, a national insurance brokerage that offers a broad array of commercial and personal lines, life and health, employee benefits, and workers' compensation solutions. He is skilled in Health Insurance, Disability Insurance, and Term Life Insurance
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The government agency's new issuances in August totaled over $40 billion, marking a high not seen since late 2022.
September 11
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The regional bank has already seen a large reduction in "criticized" loans, and it expects that trend to pick up as lower borrowing costs alleviate the pain in the commercial real estate sector.
September 11
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Loan applications increased for the third week in a row, as borrowers responded to recent falling rates, the Mortgage Bankers Association said.
September 11
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Vice President Kamala Harris sought to outline proposals on housing and a child tax credit, while former President Donald Trump highlighted an aggressive tariff plan.
September 10
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Mark McArdle advised attendees to remain cautious about the reasons behind implementation of artificial intelligence.
September 10
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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The winner wowed judges with a natural-sounding artificial intelligence tool that also explained its decision-making on the back-end.
September 19
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The Tax Cuts and Jobs Act, Trump's signature tax law, capped the value of the state and local tax write-off deduction at $10,000, which had a disproportionate effect on communities with higher taxes and property values — areas which tend to be dominated by Democrats.
September 19
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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
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OceanFirst's own press release points out the federal government has obtained $120 million in relief in similar cases since 2021.
September 18
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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
