The Conference of State Bank Supervisors (CSBS) has announced the passing of its longtime general counsel John “Buz” Gorman away after an eight-month battle with glioblastoma. Gorman started his career at CSBS in 1996 and […]
U.S. household debt increased by $212 billion (1.2%) during the fourth quarter of 2023 to reach a total of $17.5 trillion, according to the Federal Reserve Bank of New York’s Center for Microeconomic Data. Mortgage […]
Freddie Mac (OTCQB: FMCC) announced potential homebuyers earning 50% of area median income or less will be eligible for a $2,500 credit that may help with down payment and other costs at closing under a […]
JPMorgan Chase (NYSE:JPM) has announced plans to add over 500 new bank branch locations across the U.S. by 2027. According to combined media reports, the new branches will be in markets where the bank is under-represented – including […]
Banks reported having tightened lending standards across almost all categories of residential real estate loans over the fourth quarter of 2023 amid an elevated interest rate environment. There’s some optimism, however. With the central […]
Insellerate, a customer relationship management (CRM) provider that serves banks, credit unions and other lenders, has rehauled its user interface (UI) to make it more user-friendly and efficient. To redesign the interface, the company […]
The U.S. Attorney for the Southern District of New York (SDNY) announced individual charges Tuesday in a sweeping case that involves kickbacks and bribes from the New York City Housing Authority (NYCHA), charging 70 […]
In affluent Beverly Hills, the clash between luxury and affordable real estate is reaching new heights — and power broker Josh Altman is calling these proposed plans detrimental to the city’s future. Altman, known for […]
Just a day after the world witnessed King Charles III’s resilient recovery from surgery, a shocking announcement shook the royal circles — the monarch had been diagnosed with cancer. The picturesque Sandringham estate, a backdrop […]
By 2034, an estimated one in five residents of the state of California will be age 65 or older. While this won’t lead to a “silver tsunami” when it comes to a flood of […]
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