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High sixes stall refi; target buyers adjusting to new normal

National Mortgage
Mortgage Finance
2 hrs ago

Surging 10-year Treasury yields pushed mortgage rates deeper into high-six-percent territory this week — its highest point since the start,.. Read More;

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GSE changes, Boxabl pact spur mortgage lending opportunities

National Mortgage
Mortgage Finance
2 hrs ago

Fannie Mae and Freddie Mac latest selling guide updates give lenders more leeway in some areas, including the lower-cost factory-built,.. Read More;

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Non-QM specialist Truss Financial becomes latest broker turned lender

National Mortgage
Mortgage Finance
2 hrs ago

California mortgage firm Truss Financial Group announced a pivot into direct lending, making it the latest company this year to,.. Read More;

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Fed's Waller: underlying inflation might be lower than we think

National Mortgage
Mortgage Finance
5 hrs ago

Key insight: While markets had been favoring a federal funds rate hike this month, Federal Reserve Gov. Christopher Waller believes,.. Read More;

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Rocket Pro to offer brokers support to flip from UWM

National Mortgage
Mortgage Finance
5 hrs ago

Rocket Mortgage is mounting its latest challenge against United Wholesale Mortgage's controversial "All-In" policy with a new broker transition program,.. Read More;

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As feds retreat, California boosts fair-lending enforcement

National Mortgage
Mortgage Finance
7 hrs ago

Key insight: The California legislature has passed a bill empowering the state's own regulators to enforce fair-lending laws.What's at stake:,.. Read More;

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Selene suit exposes servicer default notice risks

National Mortgage
Mortgage Finance
11 hrs ago

Borrowers are scrutinizing default notice practices in a budding class action lawsuit against a servicer.Processing ContentNorth Carolina-based plaintiffs say their,.. Read More;

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Angel Oak Mortgage raises $228.2 million from mostly non-QM assets

National Mortgage
Mortgage Finance
23 hrs ago

A pool of mortgages, a majority of which are designated as non-qualified, will secure $228.2 million in residential mortgage-backed securities,.. Read More;

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Rate adds leading producers to expand P&L branch business

National Mortgage
Mortgage Finance
23 hrs ago

Chicago-based Rate is opening a profit and loss branch in the city's Elmhurst suburb, bringing in two former Fairway Independent,.. Read More;

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Investor eyes GSE merger alternative to trim secondary costs

National Mortgage
Mortgage Finance
23 hrs ago

Following a recent surge in rate-indicative bond yields that could make lending more expensive, one prominent investor in two government-sponsored,.. Read More;

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Fed's Williams not swayed that a rate hike is the answer yet

National Mortgage
Mortgage Finance
1 day ago

Key takeaway: Federal Reserve Bank of New York President John Williams said there is no "unusual" broadening of the effects,.. Read More;

post

Lenders launch AI plugins as buyers become more trusting

National Mortgage
Mortgage Finance
1 day ago

As lenders increasingly implement artificial intelligence, homebuyers are becoming more trusting of it.Processing ContentMore than 70% of Americans said they,.. Read More;

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High sixes stall refi; target ...

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High sixes stall refi; target buyers adjusting to new normal

2 hrs ago
post 1

GSE changes, Boxabl pact spur mortgage lending opportunities

2 hrs ago
post 1

Non-QM specialist Truss Financial becomes latest broker turned lender

2 hrs ago
post 1

GTA home sales down 2% in August, prices dip below $1 million: board - CMT News

5 hrs ago
post 1

Fed's Waller: underlying inflation might be lower than we think

5 hrs ago
post 1

Rocket Pro to offer brokers support to flip from UWM

5 hrs ago

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