Federal Home Loan Bank reform is in the air in Washington D.C. The White House recently endorsed a plan to double FHLBanks’ mandatory contributions to affordable housing programs from 10 to 20% of their net income, following a recommendation by the Federal Housing Finance Agency. And the Coalition f

The real estate industry is facing yet another commission lawsuit, but this time the plaintiff is not seeking class-action status.In a lawsuit filed Thursday in the U.S. District Court for the Southern District of New York, Hao Zhe Wang accused real estate industry players of “agreeing, combining an

Late last week, Indiana Sen. Mike Braun (R) submitted a letter to Ginnie Mae president Alanna McCargo asking about what he identified as recent bouts of instability in both the Home Equity Conversion Mortgage (HECM) and HECM-backed Securities (HMBS) programs, which stemmed from the collapse of a maj

Guaranteed Rate appointed Carlos Mata as its Atlanta branch manager, the company announced on Thursday. Mata was recognized as one of the top 250 Latino mortgage originators in 2024, according to the National Association of Hispanic Real Estate Professionals (NAHREP). “I have deep roots in Atlanta,