ormer CFPB Senior Counsel Colgate Selden partners with Alan Lindeke to bring a combined 40-plus years of senior legal, risk, compliance, and executive leadership roles to new law firm.
Read More »Pending Home Sales Rise for the First Time in Four Months
NAR reports that pending home sales nationwide rose in June, increasing in the Northeast and Midwest, while the South and West reported declines for the month.
Read More »Ginnie Mae Highlights Its ESG Strategy Impact on MBS
New webpage provides details on Ginnie Mae’s Environmental, Social, and Governance (ESG) strategy, with a focus on the environmental and social impacts its MBS program offers to investors.
Read More »Banking Regulators Seek Comment on Rules to Strengthen Capital Requirements
The OCC, Treasury Department, Federal Reserve, and FDIC have jointly issued a proposal to modify large bank capital requirements to better reflect underlying risks, and increase the consistency of how banks measure their risks.
Read More »Relocating Homebuyers Targeting Sin City
In a study on Q2 migration nationwide, Redfin reports the typical Las Vegas home costs less than half as much as one in Los Angeles, San Francisco, or Seattle.
Read More »Fed No Longer Predicts Near-Term Recession—Industry Experts Respond
More commentary has come through focusing on the real estate market along with news that the Fed is no longer predicting a recession in the near future.
Read More »Underwater Mortgages on the Decline as Home Prices Rebound
Half of all homeowners paying mortgages are equity-rich, according to ATTOM's 2023 U.S. Home Equity & Underwater Report, while the share of seriously underwater mortgages also improved, resting at 2.8%.
Read More »These States Topped Overall Mortgage Delinquency Rates as National Rate Declines
After the addition of nearly four million jobs nationwide in the last year, CoreLogic reports that a solid job market continues to help borrowers pay their mortgages on time, pushing the overall mortgage delinquency rate to a historic low in May.
Read More »CFPB Uncovers Unfair and Deceptive Practices Across Consumer Financial Products
Discover the latest findings from Bureau examiners, shedding light on conduct that breaches federal regulations, specifically targeting abusive practices within consumer financial services.
Read More »HUD Offers Grants to Study Office-to-Residential Conversions
The latest thing caused by remote work has created a glut of unused office space, which the Department of Housing and Urban Development wants to study further as a future residential growth option through renovation and conversion to apartments or condos.
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