Original Content
Banks have lost their hold on mortgage originations in recent years to nonbanks. The Fed is looking at regulatory changes to bring mortgages back into the banking fold, according to Michelle Bowman.
Fed to consider changes in mortgage lending rules
AI Summary
The Federal Reserve is considering regulatory changes aimed at bringing mortgage lending back into the banking sector. This move comes as nonbanks have taken a significant share of mortgage originations in recent years.
Texas Relevance
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