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Capital Corps, led by Steven Sugarman, aims to provide financing to homeowners and small businesses that it believes are overlooked by banks. The firm features several former Banc of California executives.
November 6 -
James Bennison, head of alternative capital markets at Arch Capital Group, says that a new insurance-linked security helps with regulatory capital requirements and provides information that can help the company to better manage risk.
November 3 -
Wells Fargo & Co. added $1 billion in the third quarter to what it says the bank may face in possible legal expenses.
November 3 -
Growth in loans with higher debt-to-income ratios is reviving focus on a regulatory exemption for Fannie Mae, Freddie Mac and other federal agencies that back mortgages.
November 3 -
A House Republican tax proposal that infuriated housing groups and sent homebuilder stocks sliding would only have a modest impact on the market for new homes and could end up being a net positive for the industry, according to Keefe, Bruyette & Woods analysts.
November 3 -
Hopes that tax reform might soften a weakening of the mortgage interest deduction were quickly dashed as the GOP plan landed a double punch on the incentive cherished by the mortgage and housing industries.
November 2 -
Fannie Mae servicers are facing pressure from the recent hurricanes, but so far are bearing up under the strain.
November 2 -
Mark Calabria, the chief economic adviser to Vice President Mike Pence, said the administration is focused for now on more pressing issues than GSE reform, including addressing housing damage from recent hurricanes.
November 1 -
In a somewhat surprising decision, House Financial Services Committee Chairman Jeb Hensarling announced his retirement from Congress on Tuesday, but speculation immediately grew that he could fill a regulatory post.
October 31 -
A securities settlement, portfolio asset sales and greater interest among smaller lenders helped Freddie Mac compensate for potential losses from the catastrophic hurricane season.
October 31 -
TCF is looking to diversify its streams of revenue as it dials back auto lending amid concerns about weakening credit quality.
October 30 -
The new tool tracks both serious and general delinquencies down to a county level and features interactive charts and graphs.
October 30 -
Home equity lines could double over the next six years. Some banks are actively pursuing the consumer credit opportunity, whereas many still feel stung by the housing crisis, unimpressed by home equity’s comeback so far or fearful of nonbank competition and fraud.
October 30 -
Credit unions in both states have prepped offers for consumers who need to rehab their homes following this summer's hurricanes, but there are hurdles ahead, including rising competition and stringent regulations.
October 30 -
One of the biggest challenges surrounding the ballot initiatives is voter turnout, which is often just 10 percent of registered voters in elections the year after a presidential contest.
October 27 -
A new partnership from two of the nation's largest CUSOs will give more credit unions the opportunity to use the Lending 360 loan origination system.
October 27 -
Small banks targeted a handful of GOP senators; bank may lose more than $450 million, mainly due to its Puerto Rico auto finance unit.
October 27 -
Taking a data-driven approach to marketing not only helped pump up originations -- it also helped save members money.
October 26 -
The Wisconsin credit union dialed up some help from Fannie Mae to streamline its mortgage loan process to better serve members.
October 25 -
Days after revealing he was in full remission from cancer, David H. Stevens said he is retiring as president and CEO of the Mortgage Bankers Association.
October 25























