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Trade groups express concern to FHFA over historic credit data - HousingWire
HousingWire· 13 hours agoA coalition of trade organizations — including the American Bankers Association (ABA), the Housing Policy Council (HPC), the Independent Community Bankers of America (ICBA), the Mortgage Bankers ...
Whatever You Do, Don’t Let Freddie Mac Finance Second Mortgages
Forbes· 1 day agoEconomists incorrectly believe consumption powers economic growth. Actually, consumption is a...
Black homeowners start to close gap in property values
Missouri Independent via Yahoo News· 7 days agoBlack homeowners’ property values are on the rise across the country, with some of the biggest...
Regulators propose executive bonus rule
Banking Dive· 7 days agoFederal bank regulators proposed a joint rule Monday that would force banks to claw back pay from executives who show an insensitivity to risk. The Federal Deposit Insurance Corp, Federal Housing ...
Fed Faces Heat From Fellow Regulators on Banker Bonus Proposal
Bloomberg Law· 6 days agoUS regulators’ latest attempt to restrict banking executive bonuses is likely to fall short amid hesitation from the Federal Reserve, but the long-awaited proposal is poised to resurface in 2025 if President Joe Biden is re-elected.
Second-home mortgage market slumped in 2023: Redfin - HousingWire
HousingWire· 11 hours agoIn 2023, home purchases slowed across the board due to low levels of inventory, high mortgage rates...
Valverde appointed acting president of Ginnie Mae - HousingWire
HousingWire· 4 days agoSam Valverde, formerly the principal executive vice president of government-owned corporation Ginnie Mae, was named as its acting president as of May 6, according to an announcement issued by ...
Why second mortgages could make a comeback
Axios· 17 hours agoFreddie Mac has a new revenue stream in its sights, thanks to the record $17 trillion of home equity sitting untapped in U.S. houses. The big picture: An...
US Financial Regulators Restart Work on Long-Delayed Dodd-Frank Compensation Rules
Insurance Journal· 5 days agoA trio of U.S. financial regulators have resumed work on a long-delayed rule-writing project to make...
Are mortgage companies a major economic risk?
Orange County Register· 9 hours agoNonbank mortgage companies, which increasingly dominate the sector, pose unique risks and vulnerabilities that can weaken financial stability, according...
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