mortgages

Randolph Bancorp in Mass. to cut mortgage jobs

12/15/17

The company said it will lay off more than a dozen employees in a move that reflects the current volume of mortgage loan originations.

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Consumer lending 2017: Bold bets and strategic exits

12/13/17

In a year of political upheaval and weak commercial credit growth, lenders sought to capitalize on an economic bright spot — consumer spending — by reviving the personal loan, allying with fintechs and exiting traditional business lines that no longer made sense.

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FHA condo loans slipped under Obama. Trump’s HUD eyes a comeback

12/13/17

The Obama administration had tried to ease restrictions on the Federal Housing Administration's condominium program, but the agency under President Trump is seen as moving more aggressively.

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Heartland in Iowa to enter west Texas with First Bank acquisition

12/13/17

The company will pay $186 million for First Bank Lubbock in a deal that also includes mortgage unit PrimeWest Mortgage.

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FHA borrowers pay steep price to keep reverse mortgage program afloat

12/12/17

The fundamental conclusion of the Federal Housing Administration’s fiscal year 2017 actuarial review is that the financial problems of the FHA Home Equity Conversion Mortgage program keep getting worse.

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Wintrust in Ill. to buy consumer direct mortgage lender

12/12/17

The company has agreed to buy the operations of Veterans Mortgage in Salt Lake City.

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Trump's Wells Fargo tweet fuels regulatory independence concerns

12/08/17

The president's vow to come down hard on the San Francisco bank fans a debate about the independence of regulatory agencies such as the CFPB.

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Trump wades into Wells Fargo saga, promising tough penalties

12/08/17

The president wrote Friday on Twitter that penalties against the San Francisco bank will be maintained, or possibly strengthened. The comments are likely to fuel a growing controversy about the independence of federal financial regulators.

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FHA ceases approvals of PACE loans, citing taxpayer risk

12/07/17

The ban on financing properties encumbered by heating and cooling assessments will go into effect in 20 days, according to the Federal Housing Administration.

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HomeStreet in Seattle responds to investor claim it is growing too fast

11/27/17

HomeStreet's CEO said mortgage expansion and bank acquisitions — concerns highlighted recently by Blue Lion Capital — are helping the company diversify.

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