Mortgage brokers’ compensation is in the spotlight after a recent Federal Deposit Insurance Corporation (FDIC) test concluded that some financial institutions failed to prove that payments were “reasonably related” to the value of services... Read more »
Banks reported having tightened lending standards across almost all categories of residential real estate loans over the fourth quarter of 2023 amid an elevated interest rate environment. There’s some optimism, however. With... Read more »
Flagstar’s presence and expertise in the third-party wholesale mortgage origination market have combined to create a history of success extending over 35 years. The company’s close partnerships with mortgage brokers and correspondents... Read more »
![List of Failed Banks in the United States 2023 [Recent]](https://www.noradarealestate.com/wp-content/uploads/2023/03/list-of-failed-banks.webp "List of Failed Banks in the United States 2023 [Recent]")
In this blog post, we will be reviewing the list of failed banks in the United States. It’s never good news when we hear about a bank failure, and unfortunately, there have been... Read more »
Mike Cagney’s financial technology firm Figure Technologies has taken another step to go public with its lending division, LendCo, hiring investment banks to coordinate the initial public offering (IPO), per a Bloomberg report. People familiar... Read more »
Fifteen years ago, the TARP bailout bill was signed into law. $700 billion in taxpayer funds were authorized to help stabilize the economy in free fall in the wake of the Lehman bankruptcy... Read more »
When it comes to keeping your hard-earned money safe, one of the most important factors to consider is the financial institution where you choose to deposit it. This is where the Federal... Read more »
Recently, a report posted on the Social Science Research Network found that 186 banks in the United States are at risk of failure or collapse due to rising interest rates and a... Read more »