A Bank of America study revealed that the vast majority of prospective homebuyers expect home prices and interest rates to fall in the coming year, so they’re waiting until then to purchase a home. But how likely is that to happen? BofA experts unveil more in their latest Homebuyer Insights Report.
Read More »CFPB Fines Bank of America Over HMDA Violations
The Bureau has ordered the bank to pay $12 million into the CFPB’s victims relief fund for falsifying forms about mortgage applicants and reporting incorrect information to federal regulators.
Read More »Honoring Women Fostering the Expansion of Homeownership
The Five Star Institute will recognize the achievements of remarkable businesswomen working to expand homeownership, especially for first-time homeowners, with its Keys in Hand Award, part of the upcoming 12th Annual Women in Housing Leadership Awards event.
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 »Better Together: The Importance of a Diverse and Inclusive Workforce
Experts discuss the importance of D&I strategies in the workforce, in business, and throughout the mortgage industry, highlighting the strategies utilized to promote equity in the U.S. housing system for renters and homeowners nationwide.
Read More »FDIC Taps Former Fannie Mae President Mayopoulos as CEO of SVB
Just days after closing the doors of SVB Financial Group, the FDIC names former Fannie Mae head to lead Silicon Valley Bank, a subsidiary of SVB Financial.
Read More »Gen Z: Economic State Making it Harder to Save
A new study from Bank of America revealed 73% of Gen Z reported that the current economic environment has made it more challenging to save. Many respondents said inflation has created even more financial stress, while surging rents or home prices have made it harder to afford day-to-day necessities.
Read More »Andrew Weiss Named Partner at Blackfin Group
Management consulting firm adds 35-plus-year industry veteran whose team pioneered the development of Fannie Mae’s Desktop Underwriter.
Read More »The Week Ahead: Servicers Crafting the Ultimate Client Experience
An upcoming Five Star/Messagepoint webinar will discuss how perfecting communication processes with your clients will help in delivering an ideal borrower experience.
Read More »BSI Adds Two Seasoned Vets to Drive HR and Investor Reporting
Sean McGowan tapped to head HR, training and company culture, while Shannon Clay joins BSI to manage investor reporting, reconciliations, and cash management initiatives.
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