The latest attempt to renovate the Community Reinvestment Act could pose serious challenges for larger banks that have used online lending to find business over a wide area.
The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar, saying it would help reinforce the U.S. role as a leader in the world financial system.read more
An out-of-state bank whose residential mortgage-lending arm has been active in New Hampshire played a big role in financing a nearly-$100 million industrial real estate deal in August.read more
Confidence games come and go. But some seem to go on forever. And some real estate cons are worth remembering, if only because how successful they were.read more
There are a bunch of ways to get out of your contract if you get cold feet. But failing to show up at the scheduled closing is not one of them. It’s wrong, and you could open yourself up to lawsuits.read more
The mortgage market is in for another big shift in a few months. That’s when a sizable increase – roughly 12 percent or 13 percent – in the conforming loan limit appears likely to be announced.read more