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Powell commits to finish Fed chair term, stays mum on future plans -
FHFA to mandate tenant protections on multifamily properties -
Appeals court delivers big win to CFPB in Townstone redlining case -
FHA releases redraft of servicing defect classifications -
Powell says Fed can't muscle FDIC, OCC on new capital proposal
- Sep 9-10, 2024|San Diego, CA
The residential market is expected to face challenges from stubbornly high mortgage rates and limited supply in 2025, particularly after Fed Chair Jerome Powell's comments on Wednesday indicating fewer rate cuts are coming.
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Mat Ishbia urged brokers to understand how the increases in credit score and report costs affect both them and the borrowers they serve.
December 10 -
A New York Times report suggests the majority of the NAR affiliate's grants to right-leaning organizations are out-of-line with its housing-related mission.
December 10 -
A slower rate of price increases would boost the likelihood of an interest-rate cut that could expand loan demand and lower banks' deposit costs. A higher pace of inflation, however, could derail those catalysts.
December 10 -
But the Federal Housing Administration program was the only mortgage loan type to gain market share month-to-month as measured by rate lock percentage.
December 10 -
A new question field on the Consumer Financial Protection Bureau's consumer complaint form is tied to an advisory opinion on customer service related to customers' requests for information, industry experts say.
December 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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In testimony before the Senate Banking Committee, Consumer Financial Protection Bureau Director Rohit Chopra said he has no plans to resign ahead of President-elect Donald Trump's inauguration, suggesting he will wait to be fired instead.
December 11 -
Workers in the bank's conduct management intake group joined colleagues at 23 Wells Fargo branches in approving a union.
December 11 -
Consumers are signing more multi-month viewing contracts with agents and requesting homeowners insurance incentives from sellers, a Homelight survey finds.
December 11 -
Scott Bessent, President-elect Donald Trump's pick to serve as Treasury secretary, is aiming to build support for his nomination
December 11 -
Annualized inflation increased to 2.7% in November from 2.6% the previous month, providing further evidence that the economy remains strong despite restrictive monetary policy.
December 11