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One could change how commercial property is taxed, the other could change rent control policies. Both might affect financing.October 14
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The post was vacant since Kristy Fercho left to run Wells Fargo Home Loans in July.September 10
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The final version of the amended rule, like the original proposal, makes fair-lending claims tougher to prove. But it does soften language that otherwise might have allowed mortgage companies to use algorithms to prove nondiscrimination.September 9
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The product, which is also aimed at community banks, includes a "take-back" option that allows consumers to withdraw extra funds they've paid that go beyond their monthly scheduled mortgage payment.August 25
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The company's second-quarter net income was $116 million, with mortgage banking revenue of $239 million.July 28
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The embattled German payments company filed for insolvency, while its former COO is either on the run or looking for the missing $2 billion; the giant asset manager is looking to hire more college graduates rather than poach junior bankers.June 25
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A new CFPB rule will expedite the forbearance and loss-mitigation process for consumers suffering financial hardship from the pandemic.June 23
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The availability of some loans used to build homes dried up due to the coronavirus. Opening up the economy may help if it doesn't lead to a spike in infections, and if consumer demand persists.June 16
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The Federal Housing Administration's move to insure loans with forbearance could help support homeownership opportunities constrained by the coronavirus if one change was made to it, trade groups said.June 10
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One segment of the market, at least, has proved more resilient than many feared early on in the crisis.June 8
Senior Research AnalystAmerican Enterprise Institute's Center on Housing Markets and Finance
