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Despite an overall weak mortgage originations market, Flagstar Bancorp's third-quarter earnings grew 20%, due in large part to its ongoing efforts to diversify operations.
October 23 -
The Federal Housing Administration is making it easier for reverse mortgage servicers to submit insurance claims by expanding the types of supporting documentation it will accept on defaulted loans.
October 22 -
There are ways to fix vacant housing. So why can't we manage to do it?
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Donald Layton, who has run the mortgage giant since 2012, discussed the busy agenda leading up to his departure and says Freddie can serve as a "technical adviser" in GSE reform talks.
October 18 -
The Portland, Ore, company also benefited from lower expenses and an improved efficiency ratio.
October 18 -
Federal regulators have issued answers to frequently asked questions on appraisal regulations.
October 16 -
The Federal Housing Administration is looking to streamline its single-family loan servicing requirements to align them with industry standards and upgrade outdated technology.
October 15 -
The Federal Housing Finance Agency, Fannie Mae and Freddie Mac have launched an online clearinghouse with resources to assist lenders in serving borrowers with limited English proficiency.
October 15 -
Policymakers must avoid reforms to the Community Reinvestment Act that would reopen the door to the predatory lending practices that contributed to the mortgage meltdown.
October 15
National Community Reinvestment Coalition -
BofA hasn’t taken advantage of the benefits of owning Merrill Lynch; weakness seen despite stronger bank earnings.
October 15 -
Can community land trusts and Community Reinvestment Act reform fuel investment to stop urban blight?
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Barred by regulators from adding assets for at least another six months, the bank has only one main lever to pull to boost returns.
October 12 -
How banks and network providers combat real-time payment fraud; online banks try new pricing strategies; the Most Powerful Women in Banking call for greater leadership diversity; and more from this week's most-read stories.
October 12 -
Double-digit gains in interest and noninterest income more than offset higher deposit, compensation costs.
October 12 -
JPMorgan and Citibank post better-than-expected results; Adding workers and promoting its charitable efforts, the bank hopes to win favor.
October 12 -
The company’s stock plunges after Sarah Friar’s departure announced; the bank said it unintentionally withheld mortgage discounts from minority borrowers.
October 11 -
Mike Cagney’s current venture, Figure Technologies, is offering consumers the ability to apply online for home equity loans and get funding in as little as five days.
October 10 -
Proposition 10 would give local jurisdictions a freer hand to restrict rents, but critics say that would lead to property devaluations. Some see an effect regardless of whether the measure passes.
October 10 -
The crisis in affordable housing has its roots in the high cost of building entry-level single-family homes. But why does it cost so much to build a house? And what did previous generations do to build affordable housing?
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Millennials are targeting homeownership within the next few years, but many are buying into certain house-purchasing myths, according to Bank of America.
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