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How Chase, BofA, Wells are luring borrowers in a 7% market

National Mortgage
Mortgage Finance
1 month ago

With mortgage rates sidelining homebuyers, major banks are looking for ways to spark activity. Processing Content"A 7% mortgage rate sounds profitable,.. Read More;

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Judge sides with UWM in tossing employees' 401(k) lawsuit

National Mortgage
Mortgage Finance
1 month ago

A federal judge has tossed a class action complaint scrutinizing how the industry's biggest lender handles its retirement savings plan. Processing,.. Read More;

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Bond selloff deepens after 30-year yield hits highest since 2004

National Mortgage
Mortgage Finance
1 month ago

Yields on the US's longest-dated bonds climbed to the highest level in more than two decades, the latest milestone in,.. Read More;

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HouseCanary files bankruptcy to collect $260 million from Rocket

National Mortgage
Mortgage Finance
1 month ago

Property data provider HouseCanary Inc. filed for bankruptcy to buy time to collect more than $260 million from affiliates of,.. Read More;

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ARM demand rises as buyers pivot from high fixed rates

National Mortgage
Mortgage Finance
1 month ago

With the 10-year Treasury yield at its highest since July 2007, mortgage rates have moved firmly above 7%.Processing ContentThe Freddie,.. Read More;

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State arrears show need to manage niche servicing: Cotality

National Mortgage
Mortgage Finance
1 month ago

The recent rule-related jump in late-stage government loan delinquencies was particularly tough on two states in ways that point to,.. Read More;

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Agentic AI move slashes lender implementation time: Polly

National Mortgage
Mortgage Finance
1 month ago

Industry technology provider Polly is broadening the use of agentic artificial intelligence across its mortgage capital markets platform in a,.. Read More;

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Chase, SoFi win AI search. How to fix your site to compete

National Mortgage
Mortgage Finance
1 month ago

The new generation of home buyers is increasingly looking toward artificial intelligence in their search, and the trend means parties,.. Read More;

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Consumers' financial vulnerability hits record high: Report

National Mortgage
Mortgage Finance
1 month ago

Bloomberg Processing ContentKey insight: Inflation is outpacing wages as the costs for essentials like food, housing, energy and,.. Read More;

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Ransomware gang claims big hack at NFM Lending

National Mortgage
Mortgage Finance
1 month ago

A recent hack at a mortgage lender is showing how cybercriminals are interested in a company's vendor data and trade,.. Read More;

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Freddie must join MBS buying to ease 7% rates: CHLA

National Mortgage
Mortgage Finance
1 month ago

A recent X post by Federal Housing Finance Agency Director Bill Pulte indicating the government-sponsored enterprises are stepping up their,.. Read More;

post

Bank economists see continued growth, persistent inflation

National Mortgage
Mortgage Finance
1 month ago

Key insight: Economists at large and regional banks shared their updated forecast for GDP growth and inflation, saying that their,.. Read More;

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