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Real estate stocks tumble as traders reassess March rate cut bets

National Mortgage
Mortgage Finance
2 years ago

Real estate stocks were the biggest drag on the S&P 500 Index Wednesday as traders moved back their bets on,.. Read More;

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Bond traders pare odds of Fed rate cut in March

National Mortgage
Mortgage Finance
2 years ago

(Bloomberg) -- Bond traders abandoned wagers that the Federal Reserve will cut interest rates in March, pushing swap rates to,.. Read More;

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David Stevens, mortgage icon, dead at 66

National Mortgage
Mortgage Finance
2 years ago

David Stevens, a mortgage industry figure who held jobs across a broad spectrum during his career, has passed away at,.. Read More;

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Citizens Bank reduced its workforce by 3.5% in the fourth quarter

National Mortgage
Mortgage Finance
2 years ago

Citizens Financial Group said that it eliminated 650 positions in the fourth quarter, resulting in a workforce of 17,570 by,.. Read More;

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Tennessee bank to pay $1.9M in redlining case

National Mortgage
Mortgage Finance
2 years ago

Patriot Bank in Millington, Tennessee, has agreed to settle claims that it discriminated against borrowers in majority-Black and Hispanic neighborhoods,.. Read More;

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What would Dave Stevens say about Basel III?

National Mortgage
Mortgage Finance
2 years ago

First we must note the passing of David Stevens, former Federal Housing Administration commissioner, president of Long & Foster, and,.. Read More;

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Wells Fargo, Ocwen defend against ERISA claims on appeal

National Mortgage
Mortgage Finance
2 years ago

A pair of mortgage servicers asked an appellate court to affirm a ruling against pension fund investors that claimed the,.. Read More;

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Home-purchase applications climb to an almost six-month high

National Mortgage
Mortgage Finance
2 years ago

A gauge of U.S. mortgage applications for home purchases rose to an almost six-month high as lower borrowing costs prompted,.. Read More;

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CREFC head on current state of the commercial market

National Mortgage
Mortgage Finance
2 years ago

The outlook for the income-producing mortgage market is mixed, the Commercial Real Estate Finance Council found when it held its,.. Read More;

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Homebuilder sentiment increases by most in nearly a year

National Mortgage
Mortgage Finance
2 years ago

U.S. homebuilder sentiment climbed January by the most in nearly a year as lower mortgage rates boosted customer traffic, sales,.. Read More;

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Chief Basel skeptic 'cautiously optimistic' about reaching a compromise

National Mortgage
Mortgage Finance
2 years ago

Federal Reserve Gov. Michelle Bowman said in a speech Wednesday that she is "cautiously optimistic" that the central bank and,.. Read More;

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Gen Z has a housing advantage over parents in one respect

National Mortgage
Mortgage Finance
2 years ago

The nation's youngest homeowners were outpaced by their parents and grandparents last year, but the much sought-after purchasing demographic is,.. Read More;

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