Industry News
Industry News
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Federal Reserve Chair Jerome Powell said insurance companies and banks are already pulling out of disaster-prone areas, which could pose problems.
February 12 -
Banks are expecting increased M&A activity across the financial sector, but are concerned about acquisition by credit unions and tech integration challenges.
February 7 -
Some mortgage stakeholders say Trump's tariffs would make interest rates rise and housing costs shoot up.
February 4 -
Paying off debt and making home repairs are the top reasons homeowners choose a cash-out refinance, per the bureau's report.
January 24 -
Over 300 ex-Flagstar employees, initially acquired by Mr. Cooper, will transition to A&D Mortgage.
January 16 -
The $1 billion deal included classes A-L-A and A-L-B were offered as loans.
January 14 -
The banking giant's exit from the global Net-Zero Banking Alliance leaves just three smaller U.S. banks in the group. Climate activists called large banks' departures a capitulation to Republicans' climate denialism.
January 7 -
Bank of America, Citigroup, Wells Fargo and Goldman Sachs have also withdrawn from the Net-Zero Banking Alliance in the past month, as President-elect Donald Trump prepares to take office.
January 2 -
Overall CLO growth indicates the asset going mainstream in Europe
January 2 -
Newrez's servicing arm approved an "obviously counterfeit" HELOC request from a bad actor totaling almost $500,000, a complaint claims.
December 31