The Mortgage Credit Availability Index (MCAI) rose in December, jumping 0.7 percent to 96.6. The Conventional MCAI increased 1.3 percent, while the Government MCAI remained unchanged. Within the Co...
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The Conference of State Bank Supervisors (CSBS) announced that 53 state financial regulatory agencies are taking disciplinary action against a mortgage company and its affiliates for deficient cyberse...
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Intercontinental Exchange (ICE), a company that designs, builds and operates digital networks, recently purchased American Financial Exchange (AFX), a self-regulated exchange with more than 240 bank a...
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Final rules establish a program to expand clean energy investments and lower home energy costs were released by the U.S. Department of Treasury Wednesday. The department, along with the IRS, relea...
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The Purdue University/CME Group Ag Economy Barometer dropped 9 points in December as both the current conditions and future outlook indexes fell. The overall barometer reading dropped to 136, wit...
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Experian does not adequate investigate consumer disputes, the Consumer Financial Protection Bureau (CFPB) claimed in a lawsuit filed against the credit reporting agency. In a lawsuit filed in the ...
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The Consumer Financial Protection Bureau (CFPB) took legal action against a mortgage company over alleged illegal practices related to financing manufactured homes. The CFPB sued Vanderbilt Mortgag...
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HSBC United States recently announced the appointment of Lisa McGeough as president and CEO. She is the first woman CEO in the region in over a decade, and only the second in the company’s 150-ye...
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The U.S. Department of the Treasury issued final rules this week for the section 45V Clean Hydrogen Production Tax Credit. The final rules for the clean hydrogen tax credit, established by the Infl...
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The U.S. Department of the Treasury and the Federal Housing Finance Agency (FHFA) have amended the preferred stock purchase agreements (PSPAs) between Treasury and Fannie Mae and Freddie Mac. The a...
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