The House voted final passage last week of the American Dream Homeowners Bill that will provide $200 million a year to help people buy their first homes. The funds will be used as grants for low- and moderate-income people to help pay downpayments and closing costs on home mortgages. The bill has already been passed by the Senate and is expected to be signed into law by President Bush.
Cambridge Savings Bank has been stockpiling capital. Now its CEO says it's willing to part with a portion of that stash if the right opportunity presents itself.
A federal judge said Friday that the Trump Organization will have three months to collect new evidence and refile its complaint. It alleges that Capital One illegally closed hundreds of its accounts following the Jan. 6, 2021, attacks on the U.S. Capitol.
The new executive order could add lender competition for self-employed borrowers, potentially via a small loan carveout and one for portfolio products.
There were an estimated 630,000, or 46.3%, more home sellers than buyers in the United States in February, according to a Redfin report.
Huntington is among the banks investing in technology that embeds payments and financial services into nonfinancial functions — a move designed to counter the encroachment of digital wallets and fintechs.
The Apollo Group, a six-person team in New York, is the latest to show that former First Republic advisors are still not completely settled at JPMorgan.
