Federal Reserve Gov. Michael Barr.Al Drago/Bloomberg The Federal Reserve’s former top regulator welcomes the Trump administration’s efforts to reform bank oversight — as long as the central bank gets to…
Category:
Mortage
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The governor of Idaho has signed into law a bill enforcing trigger lead transparency, cementing the efforts of a local loan officer who introduced the bill. State Rep. Chris Bruce,…
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Michael Nagle/Bloomberg Wells Fargo has checked more boxes in its progress toward fixing its once-scandal-laden consumer businesses, announcing Monday afternoon that it’s shed another consent order. The Office of the…
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Fannie Mae’s latest mortgage and housing outlook brings promising news for the housing market, but lingering economic uncertainties complicate the picture. The government-sponsored enterprise now sees mortgage rates falling by…
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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The Department of Housing and Urban Development has rescinded the ability for non-residents to qualify for a Federal Housing Administration-backed loan.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…