BEAUMONT, Texas – Mobiloil FCU has received a $60,000 grant from the Federal Home Loan Bank of Dallas for affordable housing.
The grant will help the Habitat for Humanity of Jefferson County to construct six single-family homes for low-income, first-time homebuyers in Beaumont.
The project is one of 14 being funded by the Dallas FHLB under this round of affordable housing grants.
The Department of Justice said that Birmingham, Alabama-based Regions sought forgiveness from the Small Business Administration for a Paycheck Protection Program loan that the bank should have known did not qualify.
Homebuyers applying for Federal Housing Administration loans in community property states are facing hurdles that current market conditions have heightened.
The latest acquisition activity points to the importance of decisions lenders make regarding their MSRs in 2026 and some considerations unique to each company.
The streamlining is designed to further expedite a process which allows mortgage companies to get a case number for loans on single units even if the building they're in doesn't have one.
Berkshire Hathaway's banking-related investment strategy is murky, after the arrival of new leadership and the sale of its stakes in Visa and Mastercard.
Amerant Bancorp in Coral Gables, Florida, appointed Carlos Iafigliola its permanent president and CEO; Morton Community Bank in Illinois reached a deal to buy a three-branch franchise in the Land of Lincoln; Bank First in Manitowoc, Wisconsin, agreed to acquire PSB Holdings; and more in this week's banking news roundup.
