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Democrats cited the increasing share of home purchases by Wall Street firms while Republicans pointed to rising conforming loan limits and other measures by Fannie Mae and Freddie Mac during the Senate Banking, Housing and Urban Affairs committee hearing.
February 10
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CFPB Director Rohit Chopra launched an inquiry into so-called “junk fees,” with bankers and lenders countering that the fees they charge are related to specific types of work performed and that existing laws already prohibit excessive fees.
February 6
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The Indiana bank announced a five-year, $8.3 billion agreement with the National Community Reinvestment Coalition in connection with its acquisition of First Midwest Bancorp. The Federal Reserve approved the purchase last month.
February 3
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The moves, which are part of a multiyear strategy, are meant to focus resources in areas where the Spanish banking giant can earn solid returns.
February 2
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Three housing finance organizations asked for an interactive process similar to that used previously for originations and said they preferred less reliance on life-of-loan indemnification as a remedy.
January 31
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On Sep. 30, 2021. Dollars in thousands.
January 31 -
On Sep. 30, 2021. Dollars in thousands.
January 31 -
The Troy, Michigan-based bank is looking for companies already innovating across the various aspects of the home finance business.
January 31
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Home valuation professionals have had mixed feelings about automation out of concern that some forms could result in less accurate assessments.
January 19
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The new offering’s loan structure is designed to hedge against digital currency's price volatility.
January 19
