Lending volume in the FHA program increased
FHA-insured loan originations were up 76% from the year-earlier level to
Surveying overall home lending, including non-FHA loans, HUD found a 56%
A TD Bank expert warned RSAC attendees that criminals use cheap printers, stolen data, and AI to bypass identity verification in under five minutes.
The title policy and settlement statement datasets introduce digital standards that will allow the information on forms to move as data instead of documents.
What was once a bipartisan and broadly popular housing bill has been weighed down with a pair of provisions that banks can't support. Even with those headwinds, the bill is more likely than not to pass, but not without drawn-out negotiations between the House and Senate.
Federal Reserve Gov. Michael Barr said in a speech Tuesday afternoon that he wants to see a durable and reliable reduction in consumer price inflation before he considers cutting the central bank's interest rates.
B2 Bank in Minnesota, which recently exited a regulatory action in connection with its banking-as-a-service business, announced the hires of a new CEO and two other senior executives.
The long-defunct Nationwide Biweekly Administration, accused in 2015 of deceptive marketing, has been ordered to pay a $7.93 million civil money penalty.
