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Related Articles
The Trump administration dismissed a dozen senior staff from mortgage giant Fannie Mae this week, according to an official familiar with the matter, the latest move in a push to remake the lender.Processing ContentThe 12 positions were eliminated Wednesday, according to the official, speaking on condition of anonymity to describe...
2026-08-21
Luminate Bank is expanding its presence across the Midwest and central United States with the acquisition of First State Mortgage Services, the companies announced Thursday.Processing ContentAs part of the deal, 43 members of the First State Mortgage team will join the Minneapolis-based bank, including roughly 26 originators and CEO Rene...
2026-08-21
The leading mortgage trade group is downgrading its origination forecasts as rates are cutting into anticipated refinance volume. Processing ContentThe Mortgage Bankers Association is projecting $2.147 trillion in total originations for 1- to 4-family unit properties this year, it said Friday. That's a slight decline from the $2.163 trillion projection in...
2026-08-21
Key insight: The lawsuit is the latest escalation in a running battle between CDFIs and their supporters and the Trump administration, which has repeatedly blocked funding for the popular program. What's at stake: The CDFI fund recipients include banks, and many banks get Community Reinvestment Act credit for grants to the...
2026-08-21












