Michael Strauss is accused of funneling roughly $27 million out of the company before its demise in the summer of 2023.

The MBA was part of a trade group coalition that called on the VA to align minimum property requirements with standards already established by the GSEs.

One possible option for Finance of America is a reverse stock split...

New legislation would establish an ombudsman’s office to assist financial institutions navigating the CDFI application process.

A new SEC report says research analysts "inadvertently" sent email with confidential pending rating action information to people outside the rating agency.

The Fed provided a list of “sound practices” for HMDA reporting, including recommending oversight by the bank’s board and senior management, standardized processes and training.

Congress must examine AI carefully, to determine “whether AI is extending and reinforcing biases, and how it has the potential to correct them,” according to Sen. Tina Smith, D-MN.

According to data from the Bureau of Labor Statistics, 94.7% of appraisers are white and 0.6% are Black.

Federal regulators noted issues examiners look for regarding valuation discrimination and bias.

“If I were a dues-paying member of these trade groups, I might ask for my money back,” said Jesse Van Tol, president and CEO of the National Community Reinvestment Coalition, commenting on bank trade groups challenging revisions to CRA standards.