Author name: Ricky Vasquez

The 9/11 attacks marked a sea change in bank regulation

Processing Content Key insight: The USA Patriot Act marked a major shift for banks, requiring strict verification of customer identities and the monitoring of suspicious activities.  What’s at stake: Critics contend that after 25 years, compliance with anti-money-laundering rules has become a costly “box-checking” exercise. Forward look: Deregulatory changes under the Trump administration include the […]

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Kyle Schoenmaker, Rocket Pro senior vice president of sales

Rocket starts higher conforming limit marketing push

The annual large independent mortgage banker race to raise their internal conforming loan limit ahead of the formal announcement in November has begun. Processing Content These firms, a group which includes both publicly traded and private companies, have the financial wherewithal that their smaller sized brethren don’t, by being able to put these loans on

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AI’s housing impact is strong — but highly localized

Artificial intelligence (AI) and broader tech investment is reshaping broad swaths of the U.S. economy, but its impact on housing is proving far from uniform. HousingWire Data updated July 25 shows a growing divide between markets where AI wealth is supporting demand and those where even strong technology growth has not translated into higher home

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