The Department of Housing and Urban Development Secretary Scott Turner is pushing for a sweeping rollback of regulations, arguing that fewer rules and more construction are the keys to recovery.…
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Jonathan McKernan could be confirmed as early as May, Senate Banking Committee Chairman Tim Scott, R-S.C. said. Al Drago/Bloomberg WASHINGTON — Jonathan McKernan would likely be confirmed as head of…
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The Federal Housing Finance Agency said it has fired more than 100 employees from Fannie Mae over unethical conduct. “Since my swearing-in, we fired over 100 employees from Fannie Mae…
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Mortgage credit is at its loosest in over two years, with availability increasing for the fourth month as more cash-out refinance products were offered, the Mortgage Bankers Association said. March’s…
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United Wholesale Mortgage has agreed with Google Cloud to integrate the tech giant’s artificial intelligence and cloud computing power into its lending platform. Google Cloud AI will help the leading…
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The Federal Reserve Board of Governors.Al Drago/Bloomberg Futures traders expect the Federal Reserve to cut interest rates between four and six times this year, as a potential global trade war…
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Although regulatory changes were already underway in the California home insurance market, losses from January wildfires in the state underscore the need for further reform, a Morningstar DBRS report said. …
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Bloomberg News WASHINGTON — Bankers are used to a friendly relationship with Republicans in Washington, but a chaotic tariff rollout that’s roiling bank stocks and inciting fears about a recession…
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A Missouri senator is renewing his call for the Department of Justice to investigate the “anticompetitive” behavior of credit score provider Fair Isaac Corp. U.S. Sen. Josh Hawley (R-Mo.) said…
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Jim Lo Scalzo/Bloomberg The tariff regime unveiled last week by President Donald Trump has injected a significant dose of uncertainty into the banking industry and unleashed the specter of an…