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Home insurance woes threaten mortgage lending, experts warn -
Fed governor calls for transparency, accountability in AI models -
Washington's fretting over nonbank risk is misguided -
CFPB outlines sweeping data proposal, drawing swift bank condemnation -
Lenders protest plan to include civil actions in counterparty suspensions
- Sep 9-10, 2024|San Diego, CA
Ximena Aleman is the co-dounder and co-CEO of Prometeo, a Latin America-based fintech infrastructure company.
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The government-sponsored enterprise reported its best quarter of the year in terms of net income as well as single family business acquired as rates fell to 6.08%.
October 30
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The refinance boomlet is over, but purchase activity is straggling along.
October 30
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The Department of Veterans Affairs has been patient about implementation, but budgetary considerations create some concern about the program's pace.
October 30
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August's Corelogic S&P Case-Shiller Home Price Index was down 0.13% versus July, affected by tougher housing markets in the South and West.
October 29
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The Dallas-based bank swung to a loss in the third quarter after reclassifying a large bundle of multifamily loans that it plans to offload under a recently announced strategy pivot.
October 29
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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.
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President Trump initiated changes at the Consumer Financial Protection Bureau in his first term, and the industry's frustration with the bureau has grown since he left office. But how far a second Trump administration can or will go depends on factors outside the president's control.
November 6
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Experts anticipate that Trump's victory and expected shifts in regulatory leadership will delay finalizing Biden-era capital rules for large banks, with new officials likely favoring a less stringent Basel III framework and softer capital requirements.
November 6
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The REIT was successful in achieving all of its near-term goals, its CEO said in an earnings call.
November 6
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Yields on both 10-year and 2-year Treasurys moved significantly higher after the Trump election victory and that's bad news for mortgage rates going forward.
November 6
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Trump's return to the White House is reviving the prospect of preferred stockholders getting some money back after the U.S. took control of the agencies during the 2008 financial crisis to keep the housing market from collapsing.
November 6
