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A small Nigerian money-laundering scheme has big lessons for banks

National Mortgage
Mortgage Finance
5 months ago

A federal jury in Puerto Rico on Tuesday convicted Oluwasegun Baiyewu, 37, of Richmond, Texas, in a money-laundering conspiracy stemming,.. Read More;

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GSEs' regulator allows Rocket-Mr. Cooper combo with caveats

National Mortgage
Mortgage Finance
5 months ago

The oversight agency for two government-sponsored enterprises greenlighted plans for industry giant Rocket Cos. to buy megaservicer Mr. Cooper, but,.. Read More;

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Why a commercial real estate doomsday now looks unlikely

National Mortgage
Mortgage Finance
5 months ago

Adobe Stock After spending years as a wildcard on banks' balance sheets, commercial real estate loans are again,.. Read More;

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Trump's Fed gamble risks pushing key bond rates even higher

National Mortgage
Mortgage Finance
5 months ago

President Donald Trump's unprecedented and escalating attack on the Federal Reserve runs the risk of backfiring by hitting financial markets,.. Read More;

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Cook allegations suggest new mortgage fraud priorities

National Mortgage
Mortgage Finance
5 months ago

President Trump's attempt to fire Federal Reserve Governor Lisa Cook over mortgage fraud allegations has been called part of a,.. Read More;

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Fintech lobby pushes for AI expertise in California DOJ

National Mortgage
Mortgage Finance
5 months ago

David Paul Morris/Bloomberg As California considers new artificial intelligence requirements for financial regulators, trade groups and legal experts,.. Read More;

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Chase formally reenters HELOC business after five years

National Mortgage
Mortgage Finance
5 months ago

Chase Home Lending has resumed offering home equity lines of credit after a five-year absence from the product, the company,.. Read More;

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New American launches insurance marketplace

National Mortgage
Mortgage Finance
5 months ago

New American Funding announced the launch of an insurance affiliate, which will offer homeownership coverage, alongside a range of other,.. Read More;

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Mortgage-Treasury spread at narrowest point in three years

National Mortgage
Mortgage Finance
5 months ago

Mortgage spreads reached their narrowest point in three years on Aug. 22, but were still wider than their historic average,,.. Read More;

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Judge denies motion to dismiss case against HEI platform

National Mortgage
Mortgage Finance
5 months ago

A Massachusetts judge denied a home equity investment platform's request to dismiss a state lawsuit filed against it in a,.. Read More;

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CFPB to further curb its ability to supervise nonbanks

National Mortgage
Mortgage Finance
5 months ago

Bloomberg News WASHINGTON — The Consumer Financial Protection Bureau is proposing a new rule that would limit its,.. Read More;

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Cook firing takes the Fed into the unknown

National Mortgage
Mortgage Finance
5 months ago

Federal Reserve Gov. Lisa Cook.Bloomberg News President Donald Trump's unprecedented move to fire Federal Reserve Gov. Lisa Cook,.. Read More;

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