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Mortgage companies could intensify the next recession, US officials warn | CNN Business
CNN.com· 6 days agoUS officials worry the next recession could be intensified by a cascading series of failures in the ...
StanChart’s Korea Troubles Deepen After Exotic Notes Backfire
Bloomberg via Yahoo Finance· 4 hours ago(Bloomberg) -- Standard Chartered Plc stuck it out in South Korea’s hotly contested consumer banking...
Renewed Federal Scrutiny for Nonbank Mortgage Companies
The National Law Review· 4 days agoBased on a recent report from the Financial Stability Oversight Council (FSOC), nonbank mortgage...
Mortgage brokers sent people’s estimated credit, address, and veteran status to Facebook
USA TODAY via Yahoo Finance· 5 days agoLoebner said it could also lead to scrutiny from regulators if the mortgage brokers failed to properly disclose how they used customer information. In its ...
Mortgage prisoners: regulatory changes and low credit scores have left thousands trapped in a cycle...
EconoTimes· 5 days agoThere are 8.5 million households in the UK who own a home with a residential mortgage, often with...
China eases mortgage rules in latest push to aid property sector
Market Watch· 3 days agoBeijing has eased mortgage rules and urged local governments to buy unsold houses in some of policy...
Axios Markets
Axios· 7 days 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 estimated $850 billion of that home ...
FSOC warns on liquidity risk by nonbank mortgage servicers
Compliance Week· 7 days agoThe FSOC report, released Friday, noted that while the nonbank mortgage servicing industry has...
Are mortgage companies a major economic risk?
Orange County Register· 6 days agoNonbank mortgage companies, which increasingly dominate the sector, pose unique risks and vulnerabilities that can weaken financial stability, according...
China Is Finally Getting Serious About a Housing Rescue
The Wall Street Journal via Yahoo Finance· 3 days agoFinancial regulators said they would remove the mortgage rate floors for first and second homes. -...
