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The interpretation by HUD, conveyed in a letter to Congress by Assistant Secretary Len Wolfson, appeared to contradict the agency's earlier comments about borrowers in the Deferred Action for Childhood Arrivals program.
June 13
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Lenders should get a boost from refinances and purchase loans; BB&T and SunTrust Banks’ name choice questioned.
June 13
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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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Sens. Elizabeth Warren, D-Mass., and Doug Jones, D-Ala., cited research that found algorithmic lending can lead to higher interest rates for minority borrowers.
June 12
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The agency’s new guidance would limit some nonprofits’ ability to help borrowers pay their down payments, leading to higher home costs.
June 11
National Homebuyers Fund -
Treasury Secretary Steven Mnuchin was adamant that the Trump administration won’t just let Fannie and Freddie build up their capital buffers and then release the companies. He also said he backed an explicit government guarantee, something only Congress can do.
June 10
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On Mar. 31, 2019. Dollars in thousands.
June 10 -
It’s the one consumer loan category where balances continue to fall, and disruption from nimbler fintechs is a big reason why. To win back market share, banks will need to beat the upstarts at their own game.
June 7
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The Federal Housing Finance Agency has far more authority to upend the status quo than most realize, according to a new report.
June 7
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Readers weigh potential risks in the leveraged loans market, debate Herb Sandler's legacy, consider the role the Fed should play in real-time payments and more.
June 6
