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Powell says Fed can't muscle FDIC, OCC on new capital proposal -
CFPB proposes new mortgage servicing rule to aid struggling borrowers -
Middle-income housing programs increase nationwide -
Fed's Powell says new proposal for Basel III endgame is "essential" -
Fed emphasizes independence, transparency in monetary policy report
- Sep 16-17, 2025|San Diego, CA
Federal Reserve Chair Jerome Powell was noncommittal about cutting interest rates at the central bank's next monetary policy meeting in July, saying future actions will depend on incoming data. His comments come as President Trump ramps up his criticism of the Fed chair.
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The increase in purchase mortgage rate lock volume provides support for those looking for a strong Spring market this year, Optimal Blue found.
May 13
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Numbers jumped after the expiration of a moratorium at the end of 2024, but rates of foreclosure rose across all loan types, the Mortgage Bankers Association said.
May 13
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Some policies the industry group is calling for the Office of Management and Budget to definitively rescind have already been pulled back to some degree.
May 13
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Lower is acquiring a top-five ranked real estate portal to create an "end-to-end homeownership platform" to rival Rocket Mortgage.
May 13
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The company is positioning its Tinman platform as a serious industry competitor and suggests it's eying product costs of around $1,500 per loan.
May 13
Only 20% of the Top Producers in the National Mortgage News survey were under 40, while almost half were between 41 and 50, and 30% even older.
Those who raced ahead of the pack of loan originators last year went the distance by offering exceptional customer service, catering to niche pockets of demand in the market.
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While mortgage originations increased, borrowers focused their attention on big-ticket items, as credit account balances flattened overall, Vantagescore said.
May 28
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During its meeting last month, some members of the Federal Reserve's monetary policy committee expressed concern about persistent supply chain disruptions while others were confident price growth would be constrained.
May 28
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The yield on 10-year benchmark Treasuries was up about three basis points following Wednesday's sale, after earlier climbing more than five basis points.
May 28
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The Mortgage Industry Standards Maintenance Organization has created a new version of, as well as enhanced the current edition. of its reference model.
May 28
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Bill Pulte and the government-sponsored enterprise's chief executive will be working with a firm that analyzes big data and utilizes artificial intelligence.
May 28
