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Bank of America, JPMorganChase execs report returns on AI

National Mortgage
Mortgage Finance
2 days ago

Key insight: Large banks are starting to see measurable returns on AI.Supporting data: BCG estimates AI could unlock over $370,.. Read More;

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Fannie Mae updates credit score language in DU update

National Mortgage
Mortgage Finance
2 days ago

Fannie Mae announced updates to underwriting guidelines, including a change that removes mention of a long-standing minimum credit score benchmark. Instead,.. Read More;

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Fed says banks are well managed even with a deficient rating

National Mortgage
Mortgage Finance
2 days ago

Kent Nishimura/Bloomberg Key Insight: The Fed says its revised supervisory framework reflects that large banks are well capitalized,,.. Read More;

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UWM posts best production quarter in four years

National Mortgage
Mortgage Finance
2 days ago

UWM Holdings had its strongest production quarter since the pandemic-fueled 2021, beating its own guidance, taking advantage of a brief,.. Read More;

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Mortgage rates bounce back up after month of drops

National Mortgage
Mortgage Finance
2 days ago

After a month of consecutive drops, mortgage rates ticked back up this week, following the 10-year Treasury.The 30-year fixed-rate mortgage,.. Read More;

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Fed Gov. Barr says AI may cause 'dislocations' in labor force

National Mortgage
Mortgage Finance
2 days ago

Al Drago/Bloomberg Key insight: Federal Reserve Governor Michael Barr said the short-term impact of AI-related job cuts will,.. Read More;

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Homebuilders bet on 1% mortgage rates to wake up U.S. buyers

National Mortgage
Mortgage Finance
3 days ago

With the average mortgage rate near 6%, US homebuyers are looking at the most affordable monthly payments in a year.,.. Read More;

post

Onity posts steady profit, sheds Rithm subservicing deal

National Mortgage
Mortgage Finance
3 days ago

Onity Group posted its best quarter for funded loan volume and shed a troublesome subservicing portfolio, in another steady quarterly,.. Read More;

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As auto delinquencies rise, CFPB seeks to cut oversight

National Mortgage
Mortgage Finance
3 days ago

Key Insight: The Consumer Financial Protection Bureau's proposal comes as auto loan delinquencies are hitting their highest levels in decades. What's,.. Read More;

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Family Building Society lowers prices Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 days ago

,.. Read More;

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Hanley Economic appoints chair to succeed Jordan Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 days ago

,.. Read More;

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Mortgage market reacts to 4% base rate decision Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 days ago

,.. Read More;

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