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In the highest-priced housing markets, some buyers see adjustable-rate mortgages as the only loan they may initially qualify for, Cotality found.
March 9 -
A House subcommittee debated new legislation to improve bank data sharing and slow down transactions to thwart sophisticated financial scams.
March 9 -
The company dropped the broker channel just months after Frank Martell became CEO; now that Anthony Hsieh is running things again, LoanDepot brought it back.
March 9 -
TransUnion cuts VantageScore 4.0 to $0.99, aiming to boost lender choice and affordability as FHFA pushes mortgage score modernization and competition.
March 9 -
An estimated 565,000 first-lien refinances closed in the fourth quarter, up 50% from a year prior and the most since the second quarter of 2022, ICE found.
March 9 -
Branchless and out-of-state banks are harvesting deposits in Florida and lending them out elsewhere, a situation that leads to serious underinvestment in desperately needed infrastructure and affordable housing.
March 9
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New research sheds light on the real causes of bank failures; and the economic numbers aren't adding up to a recession, yet.
March 9
American Banker -
Bank runs are only the final symptom of a much deeper malady, according to a new study.
March 9 -
Borrowers or lenders could use the prediction markets as a hedging tool, although experts noted the lack of trading volume as cause for caution.
March 9 -
The digital asset company, currently partnered with firms like Morgan Stanley and One Pay, is seeking its own national trust bank charter from the OCC.
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