Mortgages

As lawmakers meet this week to discuss artificial intelligence, they should work with regulators to create universal and workable definitions.

Dallas Fed chief says lower interest rates may require stricter rules to ward off riskier lending; after financial crisis, debt backed by HELOCs disappeared.

On Dec. 31, 2018. Dollars in thousands.

Large banks had huge losses from originating mortgages in 2018 as costs were three times higher than similar-sized independent lenders, according to research conducted by Stratmor and the Mortgage Bankers Association.

All of the Seattle company's directors, including CEO Mark Mason, were backed by shareholders despite a challenge by Blue Lion Partners.

Credit unions reported gains in areas such as loan balances and membership but it was at a slower pace than a year earlier.

On Dec. 31, 2018. Dollars in thousands.

The Michigan-based CUSO has acquired a stake in NestReady, giving it exclusive industry rights on the mortgage technology firm's products.

Regulators could collaborate on a superagency to streamline laws.

The mortgage agency has hired Eric Blankenstein, who sparked controversy while at the consumer bureau over past revelations of racially charged writings.