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Top News In Development Sec Today - Breaking & Trending Today

FHA borrowers are getting hammered by rising rates

A huge uptick in mortgage rates have cut pre-approvals for FHA borrowers significantly in recent weeks. With home prices still climbing, they are facing an unbelievably cruel market. ....

Randy Howell , Brian Chappelle , Mark Westcott , Mutual Mortgage Insurance Fund , Development Sec , Mortgage Power Inc , Department Of Housing , Freddie Mac , Black Knight , Optimal Blue , Mortgage Power , Crosscountry Mortgage , Potomac Partners , Urban Development , Marcia Fudge ,

Inside the government's feeble fight to end redlining

The main law policing redlining is the Community Reinvestment Act, which regulators enforce when banks seek to grow bigger. While Biden administration officials claim that rooting out redlining is a top priority, the federal government's merger review process is a mere formality. ....

United States , Old National Bank , Mark Hardwick , Calvin Bradford , Terry Mcevoy , Val Pina , Mark Willis , Joe Biden , Jason Keller , Rodgin Cohen , Horacio Mendez , Jun Zhu , Kevin Stein , Jelena Mcwilliams , Laurie Goodman , David Dworkin , Michael Hsu , Martin Gruenberg , Bill Clinton , Lael Brainard , Rohit Chopra , William Proxmire , Scott Alvarez , Community Reinvestment , California Reinvestment Coalition , Trustmark Bank ,