A consortium of mortgage and banking trade groups is voicing support for changes to a capital risk framework governing depository institutions, which if enacted could expand their participation in home lending. Processing Content In a letter addressed to federal officials, the groups called for further reexamination and a reproposal of the Basel III rule that […]
Mortgage trade groups back call for updates to Basel III Read More »
The earlier class certification for a lawsuit in Ohio over Rocket Mortgage‘s late recording fees was reversed after the Ohio Supreme Court overrode a lower court’s favorable ruling for borrowers. Processing Content The case stems from a homeowner’s pursuit of a $250 fine from the lender, over its late recording of the release of his
Rocket class action suit in Ohio over late penalties halts Read More »
Former US President Donald Trump speaks during a news conference following a meeting with Senate Republicans at the National Republican Senatorial Committee (NRSC) office in Washington, DC, US, on Thursday, June 13, 2024. Trump’s brand on Wall Street, once tarnished by the US Capitol attack and his bombastic political rhetoric, has made a near-full recovery,
White House reportedly set home investor size sought in ban Read More »