The Conference of State Bank Supervisors’ (CSBS) board of directors appointed Brandon Milhorn – current deputy to Federal Deposit Insurance Corporation (FDIC) vice chairman Travis Hill – as its incoming president and chief executive officer (CEO). Milhorn will assume the new role on Dec. 4, … Continue readingSenior FDIC official to lead Conference of State Bank Supervisors
The Conference of State Bank Supervisors’ (CSBS) board of directors appointed Brandon Milhorn – current deputy to Federal Deposit Insurance Corporation (FDIC) vice chairman Travis Hill – as its incoming president and chief executive officer (CEO). Milhorn will assume the new role on Dec. 4, … Continue readingSenior FDIC official to lead Conference of State Bank Supervisors
Pending home sales in October fell to their lowest level since 2001. As mortgage rates edged near multi-decade highs, pending home sales declined 1.5% in October on a month-over-month basis, according to data released Thursday by the National Association of Realtors (NAR). As a result, … Continue readingPending home sales fall to their lowest level in two decades
Pending home sales in October fell to their lowest level since 2001. As mortgage rates edged near multi-decade highs, pending home sales declined 1.5% in October on a month-over-month basis, according to data released Thursday by the National Association of Realtors (NAR). As a result, … Continue readingPending home sales fall to their lowest level in two decades
After about a week of chaos at Fidelity National Financial (FNF) due to a cybersecurity attack, the firm said the incident was contained on Sunday, November 26. In an updated filing with the Securities and Exchange Commission on Thursday, Fidelity disclosed the company became aware … Continue readingFidelity says cybersecurity attack is contained but questions remain
After about a week of chaos at Fidelity National Financial (FNF) due to a cybersecurity attack, the firm said the incident was contained on Sunday, November 26. In an updated filing with the Securities and Exchange Commission on Thursday, Fidelity disclosed the company became aware … Continue readingFidelity says cybersecurity attack is contained but questions remain
Mortgage rates headed lower this week as the 10-year Treasury yield dropped below 4.3% for the first time since September, according to new data from Freddie Mac. The 30-year, fixed mortgage rate averaged 7.22% for the week ending Nov. 30, according to Freddie Mac‘s Primary … Continue readingMortgage rates fall to levels not seen since September
Mortgage rates headed lower this week as the 10-year Treasury yield dropped below 4.3% for the first time since September, according to new data from Freddie Mac. The 30-year, fixed mortgage rate averaged 7.22% for the week ending Nov. 30, according to Freddie Mac‘s Primary … Continue readingMortgage rates fall to levels not seen since September
The Consumer Financial Protection Bureau (CFPB) wants to address mortgage issues, including affordability and servicing challenges. However, persistently high mortgage rates currently straining affordability prospects will limit what the Bureau can accomplish. This is according to CFPB Director Rohit Chopra, who offered a semi-annual report … Continue readingCFPB’s Chopra addresses mortgage issues in House oversight hearing
The Consumer Financial Protection Bureau (CFPB) wants to address mortgage issues, including affordability and servicing challenges. However, persistently high mortgage rates currently straining affordability prospects will limit what the Bureau can accomplish. This is according to CFPB Director Rohit Chopra, who offered a semi-annual report … Continue readingCFPB’s Chopra addresses mortgage issues in House oversight hearing