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Banks Warn of Growing Energy-Related Risks in Mortgage Portfolios
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- Across Europe, banks are trying to figure out how to handle a growing risk lurking in...
James W. Wright, Jr.
The National Law Review· 4 days agoJay Wright is a partner in the firm’s Banking and Financial Services and Litigation practice groups. Jay has earned his Accredited Mortgage Professional (AMP) designation ...
3 ways to borrow $10,000 of home equity (and 2 ways to avoid) right now
CBS News· 3 days agoIn today's high interest rate environment, credit cards, personal loans and standard lines of credit...
‘Not HELOC. Not piggyback.’ Freddie Mac exec defends new product proposal amid resistance -...
HousingWire· 3 days ago“What we are bringing forward, called closed-end second lien, assuming a FHFA approval, will provide...
HUD announces disaster assistance for Iowa tornado survivors
Southwest Iowa's daily newspaper· 4 days agoEffective immediately, HUD is providing a 90-day moratorium on foreclosures of mortgages insured by...
Sen. Schumer calls for $8 cap on credit card late fees in wake of Supreme Court ruling on CFPB
New York Daily News· 7 days agoCredit card late fees should be capped at $8, Senate Majority Leader Chuck Schumer urged Sunday,...
Financial Services Roundup: Market Talk
The Wall Street Journal· 5 days ago1544 ET – SPDR Gold shares are down 0.1%, inching lower after underlying gold fell 0.5% to $2,421.70 per troy ounce. 1331 ET – Canadian mortgages are...
China’s Housing Rescue Too Small to End Crisis, Analysts Say
Bloomberg via Yahoo Finance· 7 days ago(Bloomberg) -- China’s latest housing initiative is aimed at vacant properties, a major pain point...
Supreme Court Upholds CFPB Funding Structure, Clears Way for Payday Lending Rule Implementation | JD...
JD Supra· 6 days agoThe issue centered on the manner in which Congress decided to fund the CFPB when it created the agency as part of the Dodd-Frank Act in 2010. The agency is organized under the Federal Reserve ...
AP Business SummaryBrief at 9:58 p.m. EDT
The Argus-Press· 4 days agoAfter several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to ...