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NYCB's woes grow as CEO's exit and new disclosures spook investors

National Mortgage
Mortgage Finance
1 year ago

New York Community Bancorp said Thursday that Thomas Cangemi (right) has stepped down as CEO. He will be succeeded by,.. Read More;

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Surveys show lack of consumer trust in banks' AI

National Mortgage
Mortgage Finance
1 year ago

Consumers don't trust the artificial intelligence banks are offering, according to new research from J.D. Power.The firm's financial services team,.. Read More;

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FHFA elevates two leaders to deputy director roles

National Mortgage
Mortgage Finance
1 year ago

The Federal Housing Finance Agency announced the promotion to deputy director of two of its leaders, who will lead oversight,.. Read More;

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U.S. Bank, Ohio appraiser sued for biased home appraisal

National Mortgage
Mortgage Finance
1 year ago

A mixed-race couple claims U.S. Bank and an Ohio appraiser violated fair housing laws after a "whitewashed" appraisal delivered a,.. Read More;

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HUD rolls out $225M manufactured housing initiative

National Mortgage
Mortgage Finance
1 year ago

An initiative by the Biden Administration is creating a $225 million fund to preserve and revitalize manufactured housing and the,.. Read More;

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Virginia joins states opposing 'predatory' real estate pacts

National Mortgage
Mortgage Finance
1 year ago

Another state legislature has passed a law aimed at protecting consumers and the industry against non-title recorded agreements for personal,.. Read More;

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Mortgage rates rise again and could stay higher for longer

National Mortgage
Mortgage Finance
1 year ago

Mortgage rates rose by 4 basis points this week, which was a far slower pace than the 30-year fixed rate,.. Read More;

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CFPB warns of kickbacks and abuse by comparison-shopping websites

National Mortgage
Mortgage Finance
1 year ago

The CFPB issued guidance to law enforcement agencies and regulators that comparison-shopping websites may be breaking the law by accepting,.. Read More;

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FHFA extends credit modernization timeline

National Mortgage
Mortgage Finance
1 year ago

In response to industry feedback, the Federal Housing Finance Agency has redrawn some parts of its tentative roadmap for rolling,.. Read More;

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The Impact of Economic Trends on Mortgage Rates - Mortgage Investors Group

Mortgage Investors Group
Mortgage Finance
1 year ago

Mortgage rates greatly affect how much you can afford to borrow and, ultimately, how much house you can afford. The,.. Read More;

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Homeowner Assistance Fund to reopen in PA in March

National Mortgage
Mortgage Finance
1 year ago

A year after suspending new applications, Pennsylvania is preparing to relaunch its Covid-19 relief program for struggling homeowners, but two,.. Read More;

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Fed's preferred inflation metric increases by most in a year

National Mortgage
Mortgage Finance
1 year ago

The Federal Reserve's preferred gauge of underlying inflation rose in January at the fastest pace in nearly a year, helping,.. Read More;

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