In case you haven’t noticed, the yield on the benchmark 10-year Treasury was at 1.86% as IMFnews went to press compared to 1.46% in early September. That’s a difference of 40 basis points…
Federal Housing Finance Agency Director Mark Calabria Tuesday raised eyebrows when he told the House Financial Services Committee during a hearing housing finance reform that he is open to wiping out the shareholders...
Flagstar Bancorp originated $9.3 billion home mortgages in the third quarter, posting a net profit of $63.0 million, according to figures released Tuesday morning ...
A single-director structure at the CFPB in which the president has complete authority to put some new in charge will be even more negative for financial firms than the status quo, said one analyst.
In a report released Friday morning, Cowen Washington Research Group analyst Jaret Seiberg noted that banking regulators have been using consent decrees for years. “Such orders also tend to include conduct restrictions on the banks,” he said…