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Rate 'lock-in' effect is hurting housing and mortgage markets, Powell says -
Republicans double-down on request to Fed for Basel III economic analysis -
CFPB issues guidance on credit denials that use artificial intelligence -
Capital proposal could lead to a credit crunch, critics testify -
Republicans hint at procedural challenge to Basel III endgame proposal
- Sep 9-10, 2024|San Diego, CA
The trade group agreed to the settlement in March, which included paying $418 million to settle claims.
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The lawmaker said leadership on the House Financial Services Committee is supportive of the legislation, which would limit the ability of credit-reporting agencies to sell homebuyer information to financial service providers.
October 29
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The REIT's Newrez arm suffered a servicing valuation hit, but reported gains across each of its origination channels.
October 29
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Treasury Secretary Janet Yellen announced an initiative aimed at enhancing financial inclusion. The plan includes calling on U.S. banks to participate in upholding fairness and expanding consumer financial access.
October 29
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The notes receive credit enhancement from overcollateralization, and an initial reserve.
October 29
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RoundPoint Mortgage Servicing says in its motion to dismiss that the borrower was required to try to resolve the dispute prior to filing a legal complaint.
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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An index of bank stocks rose 8.5% early Wednesday after Donald Trump won his bid to return to the White House.
November 6
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Refinance applications fell by almost 50% in the past four weeks, part of a greater slide since the last Federal Reserve interest rate cut.
November 6
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Donald Trump quickly put his stamp on financial markets as his march toward victory in the US presidential election propelled "Trump Trade" plays across assets.
November 6
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A proposed downpayment assistance plan spurred former Ginnie Mae chief Ted Tozer's revival of a zero-down FHA loan concept.
November 6
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Donald Trump appears likely to recapture the White House following a tight race which, as of 5 a.m. Wednesday morning, awarded him 267 of the necessary 270 electoral votes needed for victory.
November 6
