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Fed's Waller: bank sector wobbles should not stop further rate hikes

National Mortgage
Mortgage Finance
3 years ago

Federal Reserve Gov. Christopher Waller said in a speech Friday morning that troubles in the banking sector earlier this spring,.. Read More;

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Mr. Cooper failed to offer proper retention options for some FHA loans

National Mortgage
Mortgage Finance
3 years ago

The Department of Housing and Urban Development's Office of Inspector General found that Mr. Cooper failed to provide proper retention,.. Read More;

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Six in 10 mortgage workers live paycheck-to-paycheck

National Mortgage
Mortgage Finance
3 years ago

Approximately 60% of commissioned mortgage professionals claim to be living paycheck to paycheck because of delays in payment in the,.. Read More;

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Both sides of mortgage industry facing cost pressures: report

National Mortgage
Mortgage Finance
3 years ago

As the mortgage industry struggles with profitability in the current rate environment, diversification can help, but the going could get,.. Read More;

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LoanDepot notches early victory in second CrossCountry poaching suit

National Mortgage
Mortgage Finance
3 years ago

A federal judge gave an early victory to loanDepot this month in a poaching case against CrossCountry Mortgage, in the,.. Read More;

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Mortgage rates slip for second week: Freddie Mac

National Mortgage
Mortgage Finance
3 years ago

Mortgage rates declined for the second consecutive week, even as the benchmark 10-year Treasury spiked on Tuesday during the Federal,.. Read More;

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Real estate-related email fraud costs record dollar losses

National Mortgage
Mortgage Finance
3 years ago

Business email compromise scams related to real estate set a record for dollar losses in 2022, as the number of,.. Read More;

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Fed's stress test results to be published June 28

National Mortgage
Mortgage Finance
3 years ago

The Federal Reserve announced Wednesday that its annual stress test results will be published June 28, the first results to,.. Read More;

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House Republicans blast CFPB's Chopra in marathon hearing

National Mortgage
Mortgage Finance
3 years ago

Rohit Chopra, director of the Consumer Financial Protection Bureau, faced an intense barrage of criticism from Republicans on the House,.. Read More;

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Fed's 'skip' points to slower hikes, a longer wait for shift in rates

National Mortgage
Mortgage Finance
3 years ago

The Federal Open Market Committee on Wednesday finally paused its short-term rate hikes, but indicated this is unlikely to mean,.. Read More;

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AI could be the technology that curbs inflation, Larry Fink says

National Mortgage
Mortgage Finance
3 years ago

BlackRock Inc. Chief Executive Officer Larry Fink said artificial intelligence has tremendous potential to boost productivity and may ultimately be,.. Read More;

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Mortgage activity rises for first time in over a month

National Mortgage
Mortgage Finance
3 years ago

Mortgage application volumes increased for the first time in five weeks, as conforming 30-year interest rates receded, according to the,.. Read More;

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