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Nonbank Mortgage Companies Pose Financial Stability Risks, FSOC Says
Bloomberg via Yahoo Finance· 7 hours ago(Bloomberg) -- Nonbank mortgage companies, which increasingly dominate the sector, pose unique risks...
Yellen urges action to curb US mortgage market risks
AFP via Yahoo Finance· 8 hours agoUS Treasury Secretary Janet Yellen flagged risks posed in the mortgage market Friday, as regulators released recommendations to address the sector's...
FSOC: Regulators, Congress Should Enhance Resilience of Nonbank Mortgage Companies
PYMNTS.com· 5 hours agoThe Financial Stability Oversight Committee (FSOC) is encouraging state and federal regulators and...
What are Mortgage Servicing Rights
Consumer Affairs· 13 hours agoLenders transfer MSRs so they can outsource the administrative tasks of managing a mortgage. The mortgage servicing company charges the ...
US Secretary of the Treasury Janet Yellen said vulnerabilities of nonbank mortgage companies can...
Homenewshere.com· 4 hours agoUS Secretary of the Treasury Janet Yellen said vulnerabilities of nonbank mortgage companies can...
Assumable mortgage platform Roam partners with national lender on down payment assistance -...
HousingWire· 6 hours agoNew York-based assumable mortgage platform Roam rolled out a new partnership with national lender Spring EQ to provide second-lien loans to Roam customers, the company ...
Today's 30-year mortgage rates fall, while 15-year terms hold steady | May 8, 2024
FOX Business· 3 days agoThe interest rate on a 30-year fixed-rate mortgage is 6.990% as of May 8, which is 0.135 percentage...
U.S. regulators call for new fund to prevent mortgage servicers from going under
Market Watch· 7 hours agoThe FSOC was created in the wake of the 2008 financial crisis by the Dodd-Frank Act, to identify and...
US Treasury's Yellen says Congress should act on nonbank mortgage sector
Reuters via Yahoo Finance· 8 hours agoYellen spoke during a meeting of the Financial Stability Oversight Council, a regulatory body she...
Earnings call: Angel Oak Mortgage posts robust Q1 financials, eyes growth By Investing.com
Investing.com· 16 hours agoAngel Oak Mortgage Inc. (NYSE:AOMR) has reported a strong financial performance for the first...
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