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The mortgage agency has hired Eric Blankenstein, who sparked controversy while at the consumer bureau over past revelations of racially charged writings.
June 19
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Student CU Connect CUSO, which had made high-risk loans to students of the now-bankrupt ITT Technical Institute, agreed to a settlement resulting in an estimated $168 million of loan forgiveness.
June 14
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Ken Lehman will gain a 40% stake in the Tennessee bank as part of a broader plan to raise $13 million.
June 12
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Director Mark Calabria urged lawmakers to grant the agency chartering authority similar to that of bank regulators to boost competition in the mortgage market.
June 12
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Founders Bank is the latest de novo effort that will target the nation's capital.
June 10
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The group behind Bank of St. George is looking to bring in up to $22 million in initial capital.
June 7
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Many community banks have given up on national mortgage platforms as not worth the effort, but organizers of NXG Bank in Maryland say they have a plan to make one work.
June 4
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The consolidation of the two companies' securitization platforms into a single bond market became official on Monday.
June 3
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Lori Bettinger is one of the organizers of NXG Bank, which has applied to open in Columbia, Md.
June 3
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The launch of a combined securitization platform for Fannie Mae and Freddie Mac is meant to ease the transition to a new housing finance system. But questions remain about how the mortgage sphere will adapt to the single security.
May 31
