Bloomberg News WASHINGTON — All 11 Community Development Financial Institutions Fund programs are required by law, the Treasury Department told the Office of Management and Budget, according to a document…
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Bloomberg News Bank regulators are backing down from the fight over their recent reforms to the Community Reinvestment Act. The Federal Reserve, Federal Deposit Insurance Corp. and Office of the…
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Despite ongoing legal scrutiny, leaders at the helm of home equity investment platforms see a silver lining: emerging regulatory clarity that could unlock further growth and mainstream adoption. At an…
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Patrick T. Fallon/Bloomberg A key inflation reading showed price growth leveling off slightly above the Federal Reserve’s target, but details of the report underscore the central bank’s reluctance to lower…
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The Department of Housing and Urban Development has rescinded the ability for non-residents to qualify for a Federal Housing Administration-backed loan. While the policy shift is effective immediately, full implementation…
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Several metrics, both from before and after the Trump Administration taking power, validate consumers’ fears regarding whether they can afford to buy a home. Prices were near or at record…
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Ongoing shifts in U.S. policy are introducing uncertainty for the securitized mortgage market, according to Fitch. While the scope of impact remains to be seen, the changes are already reverberating. …
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Dark Matter is about to enter a new phase in its brief history as a stand-alone entity, as in April, Sean Dugan, chief revenue officer, will take the CEO mantle…
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From left: Securities and Exchange Commission Chair-designate Paul Atkins; Comptroller of the Currency-designate Jonathan Gould; Assistant Secretary of Treasury-designate Luke Pettit; and Marcus Molinaro, Federal Transit administrator-designate. Bloomberg News WASHINGTON…
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Eighteen months after a string of hefty losses led to a management shakeup at a key U.S. subsidiary, Royal Bank of Canada executives pulled back the curtain Thursday on the…