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Will it be a bigfoot from Amazon, Google and Apple, or death by a thousand bites from niche rivals? Or can banks rally and fend off the insurgents?
November 7 -
Real estate and mortgage industry groups outspent proponents 3-to-1 to defeat Proposition 10, a measure to allow California municipalities to set local rent control laws.
November 7 -
The bank says a calculation error led it to deny help to distressed homeowners; a former U.S. deputy attorney general will help with in the 1MDB fraud scandal.
November 7 -
The presumptive chair of the House Financial Services Committee will likely take the panel in a sharply new direction and have a new bully pulpit to criticize the Trump administration.
November 6 -
Can farmers — and the banks that lend to them — survive Trump's trade war?
November 5 -
The unique approach Fannie Mae and Freddie Mac are each taking with their credit-risk transfer products is quickly becoming a key point of differentiation that's rekindling competition between the government-sponsored enterprises.
November 2 -
As the Federal Housing Administration prepares to release its annual actuarial report this month, the industry is questioning how the reverse mortgage program fits into the agency's future.
November 2 -
A multimillion-dollar deal between Chicago Mayor Rahm Emanuel and Stephen Calk was supposed to deliver 400 new jobs to the city. Here’s what really happened.
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When the mortgage giant will be released from government control is anyone's guess, but the company's third-quarter report shows signs of an easier transition.
October 31 -
Bankers complain that the quasi-governmental system's new program designed to make more residential loans in four states goes well beyond its original mission.
October 31 -
A deal between TD Bank and a Vermont nonprofit is just one example of how banks are getting creative in addressing affordable housing needs while reaping financial and regulatory benefits.
October 30 -
Under the Federal Housing Finance Agency's plan, small Home Loan banks would face a new housing benchmark and a volume threshold for meeting the goals would be eliminated.
October 29 -
The pledge comes as Fifth Third, which had previously committed $30 billion to community development, looks to close on its acquisition of MB Financial in Chicago.
October 29 -
The housing finance agency, which is increasingly at the forefront of reform discussions, has been without a permanent chief for almost two years.
October 28 -
Growing home prices plus rising interest rates are putting a damper on mortgage lending, which pushes the market to seek out less qualified borrowers and increases the risk of fraud.
October 26
Mark Migdal & Hayden -
City National Bank said the foundation will buy houses and hold onto them until the buyer lines up financing.
October 25 -
Despite recriminations about how the crisis and ensuing regulations have tightened loan access, an actual assessment of mortgage credit availability finds the situation is more complicated.
October 24 -
Strong growth in the bank's core business of multifamily lending was offset by higher rates it paid on CDs and borrowed funds.
October 24 -
The pressure is on for banks to lean more heavily on capital markets, wealth management and other nonmortgage sources of fee income. That could get tougher in upcoming quarters.
October 23 -
A new credit score that includes consumers' cash flow alongside their credit score is winning praise for its potential to help expand access to credit, but some worry it gives the credit bureaus even more data that could be compromised.
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