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Texas judge rebukes CFPB over anti-discrimination policy -
CFPB agrees to settle employee discrimination lawsuit for $6 million -
Senate confirms Jefferson as Fed vice chair -
Capital rules may have 'poisoned the well' for bank policy on the Hill -
6 lessons learned after the merger of small IMB trade groups
- Sep 9-10, 2024|San Diego, CA
writes the Senior Economist for LendingTree
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After months of anticipation, Federal Reserve Vice Chair for Supervision Michael Barr is set to lay out the path forward for the interagency regulatory capital reform effort known as the Basel III endgame on Tuesday.
September 9
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The bank faced credit setbacks in the nation's capital and margin pressure this year. But it made a series of hires to reduce risk and diversify its loan portfolio, preparing for a new era of demand as the industry awaits interest rate cuts.
September 9
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Homestar Financial began winding down operations last fall, but its capabilities as a Ginnie Mae issuer was attractive for Irvine, California-based OCMBC.
September 9
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A and N Mortgage claims the value of customer data stolen by ex-employees exceeds $1 million.
September 9
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A Billings, Montana-based First Interstate Bank agreed to a five-figure penalty to resolve charges it engaged in National Flood Insurance Act violations.
September 6
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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More "Airbnb-style" rental property loans are making their way into non-qualified mortgage securitizations and could they be acting differently from the traditional non-owner occupied loans, a Standard & Poor's report asks.
September 16
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Tim Ryan, who joined the megabank in June, will work with COO Anand Selva to oversee enhancements to Citigroup's data integrity systems, according to a memo.
September 16
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The government will also begin allowing mortgage default insurance on homes worth up to C$1.5 million ($1.1 million), an increase from the current cap of C$1 million.
September 16
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The new threshold comes months ahead of the Federal Housing Finance Agency's formal announcement.
September 16
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Federal Reserve Vice Chair for Supervision Michael Barr conceded major points to the industry on last year's capital reform proposal. But how regulators will approach other reforms in light of that experience is uncertain.
September 16
