The National Association of Realtors and several other housing groups urged Congress to confirm Consumer Financial Protection Bureau nominee Jonathan McKernan
McKernan's prior roles include senior financial policy advisor for Sen. Bob Corker and posts with the Senate Committee on Banking, Housing, and Urban Affairs and the US Treasury
Troubled New York Community Bancorp is reportedly ready to pledge about $5B in home loans originated by Flagstar Bank as collateral for risk transfer that would bolster its capital
Regional banks have largely weathered the crisis fueled by this year's failures of Silicon Valley Bank, Signature Bank and First Republic Bank by pursuing mergers and boosting deposits through 3rd-party brokers
$2.7B deal does not include about $4B in crypto-related deposits held by the former Signature Bank's digital-assets banking business, according to the Federal Deposit Insurance Corp
Struggling mortgage lender also assures investors that it has moved $225M in cash it held at Signature Bridge Bank to another institution
Signature was the largest commercial real estate lender in New York City by transaction volume and third-largest by volume since January 2020, according to PincusCo
The acquisition and merger with Roscoe State Bank pave the way for the lender to provide new products, services and resources through advanced technologies
Approval by bank regulators will allow Cornerstone to 'significantly expand' product and service offerings to hundreds of thousands of customers and referral sources nationwide
Windsor-based mortgage broker Edison Financial will rebrand as Rocket Mortgage in August and begin making direct loans
When clients decide to put a pause on their home search, agents can ensure homebuyers and sellers stick with them when they're ready to reenter the market by staying top-of-mind
6 federal agencies issued minimum requirement rule yesterday
Regulators explain efforts to reduce burden on community banks
Data Facts solution allows lenders to monitor third-party vendors for federal reg compliance
MarketLinx division provides services to half of MLS subscribers