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The Congressional Budget Office put an estimate on the net government subsidy provided to the Federal Home Loan Bank System, including the so-called "implied guarantee," on bonds priced and sold to investors.
March 13 -
The nearly 50% homeownership rate in 2023 marked the most significant increase since the Great Recession, according to NAHREP.
March 13 -
Lee Cove, former divisional vice president at Caliber, is being accused of bringing over 150 employees to Cardinal Financial in 2022.
March 13 -
A greater number of refinances, particularly in the government market, led overall volumes higher, the Mortgage Bankers Association said.
March 13 -
In an address on Tuesday, economic advisor Lael Brainard also discussed the controversy surrounding the president's proposed title waiver program.
March 12 -
The agency had intended to block access to tax data by most lenders on June 30 as part of a policy change that sought to protect taxpayer privacy. But drew broad opposition from the financial services industry.
March 12 -
Company executives are counting on Guild's recent acquisitions to buoy business once the market normalizes.
March 12 -
The lender and servicer is still in the red but trimmed its expenses, and overall losses, significantly in 2023.
March 12 -
Voters approved Proposition C, which offers a tax break for developers to convert up to 5 million square feet of commercial space by 2030.
March 12 -
Some mortgage companies had to write down values in the fourth quarter due to increased prepayment risk, but many loans haven't been exposed to that concern.
March 12