Greg Carmichael, who retired as CEO of Fifth Third Bancorp in July, will lead the bridge bank formed after the failure of Signature Bank, the FDIC says. Regulators...
Read MoreRate and affordability pressures continue to challenge purchase lending, driving homebuyers to alternative loan products. The number of rate locks was down in February from the previous month, but dollar...
Read MoreSales of luxury homes dropped 45% during the three months ended Jan. 31 compared with the same period the year before, according to Redfin. Tight supply and higher rates are...
Read MoreProspective borrowers face record-high monthly payments if they buy a home today, as the traditional spring purchase season begins.The typical homebuyer's monthly payment is $2,563 this week, up 29%...
Read MoreWhat a week this has been for the housing market, from the fireworks of Fed Chair Jay Powell’s Congressional testimony to an attempt to break over a critical line...
Read MoreThe Federal Home Loan Bank of San Francisco is led by Teresa Bazemore. The bank says its "financial strength and stability is not in question" after the failure of...
Read MoreThe fight to restore the mortgage insurance tax deduction and make it permanent was revived in Congress, with the introduction of a bipartisan bill in the House of Representatives.However,...
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