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Regulators begin process of undoing 2023 CRA rule

National Mortgage
Mortgage Finance
7 months ago

Adobe Stock Federal regulators have formally begun the process of nullifying their 2023 update to implementing regulations for,.. Read More;

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20 states sue FEMA over cuts to disaster prevention program

National Mortgage
Mortgage Finance
7 months ago

A coalition of 20 state attorneys general have filed a lawsuit against the Federal Emergency Management Agency over its plan,.. Read More;

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FICO challenges FHFA's VantageScore decision

National Mortgage
Mortgage Finance
7 months ago

The FHFA's nod to VantageScore 4.0 — and silence on FICO's rival 10T model in a recent X post —,.. Read More;

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Home purchase applications fall after prior week's surge

National Mortgage
Mortgage Finance
7 months ago

US mortgage applications to buy a home declined last week to the lowest level since late May as borrowing costs,.. Read More;

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Bank of America beats earnings estimates

National Mortgage
Mortgage Finance
7 months ago

Bloomberg This news is developing. Please check back for updates.Bank of America beat Wall Street's expectations on earnings,.. Read More;

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M&T tops estimates, eyes mergers for Northeast expansion

National Mortgage
Mortgage Finance
7 months ago

Bloomberg M&T Bank outperformed second-quarter expectations, driven by noninterest income.M&T's noninterest income rose 17% in the second quarter,.. Read More;

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How a DOGE-cut employee became a full-time mortgage broker

National Mortgage
Mortgage Finance
7 months ago

Ryan Alexander was on a cruise with his family when he received news he already felt in his bones was,.. Read More;

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Citi shows progress, but still needs to impress regulators

National Mortgage
Mortgage Finance
7 months ago

Bloomberg News UPDATE: This article includes comments from an analyst at Moody's Ratings as well as comments made,.. Read More;

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'Predatory' NTRAPs outlawed in another state

National Mortgage
Mortgage Finance
7 months ago

Officials in New England approved a new law that makes unenforceable a "predatory" practice often targeting older homeowners that binds,.. Read More;

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Delinquency risk leads to less credit for borrowers

National Mortgage
Mortgage Finance
7 months ago

Mortgage lenders tightened their offerings in June in what could be a sign of greater difficulty for borrowers looking to,.. Read More;

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Trump says Fannie Mae suspects Schiff of mortgage fraud

National Mortgage
Mortgage Finance
7 months ago

Sen. Adam Schiff, D-Calif., called the Trump administration's accusations of mortgage fraud regarding his Maryland property political retaliation. Al Drago/Bloomberg,.. Read More;

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Chase's lower 2Q margins a negative for IMB earnings

National Mortgage
Mortgage Finance
7 months ago

Lower gain on sale margins at JPMorgan Chase could be a negative sign for independent mortgage banker results in the,.. Read More;

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