Michigan residents are being targeted in a new scam involving fraudulent housing vouchers. There are currently no housing choice voucher waiting lists open in Michigan. However, CBS News reported the Michigan State Housing Development Authority (MSHDA) and the office...
Michael J. Hsu is Acting Comptroller of the Currency. This article is adapted and edited from a speech that was recently delivered during the 2024 Conference on Artificial Intelligence and Financial Stability. Like all technologies, artificial intelligence (AI) can be...
The co-working flex space provider WeWork Inc. (OTCMKTS: WEWKQ) announced it has emerged from Chapter 11 and appointed John Santora as CEO, effective today. Santora joins WeWork from Cushman & Wakefield, where he most recently served as the firm’s tri-state...
Sen. Elizabeth Warren (D-MA) is demanding the Federal Reserve cut the federal funds rate during its policy meeting this week. Warren, joined by Sens. Jacky Rosen (D-NV) and John Hickenlooper (D-CO), wrote a letter to Federal Reserve Chairman Jerome Powell stating a...
The National Association of Mortgage Brokers (NAMB) is partnering with the National Association of Minority Mortgage Bankers of America (NAMMBA) on a strategic alliance focused on encouraging diversity, equity, and inclusion within the mortgage industry. According to...
U.S. community bank earnings for 2024 are expected to be 12% lower compared to one year ago, according to a new report from S&P Global Market Intelligence. The newly published “2024 U.S. Community Bank Market Report” found elevated interest rates are pressuring...
Hits and Misses for the Real Estate Week of June 22-26
