- Sep 16-17, 2025|San Diego, CA
An elevated inventory of homes for sale and high mortgage rates sapped the motivation to build as permits issued in May fell to a five-year low
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Fifth Third Bancorp revised its guidance, but still expects record net interest income for 2025, even as commercial clients signal that economic volatility will drive up inflation.
April 17 -
The 30-year fixed rate mortgage average rose 21 basis points this week, lagging other indicators, which are all now lower than seven days ago.
April 17 -
Ligation by the Ohio attorney general claims UWM has turned brokers in its network into retail loan officers who solely work for the company.
April 17 -
The super-regional bank cited "a material slowdown" in investment banking and trading income as one reason for the lower revenue forecast. Interest rates are also a factor, executives said.
April 17 -
In a post on his social media platform Thursday morning, the president criticized the Federal Reserve's reluctance to lower rates and said the chair's departure "could not come soon enough."
April 17
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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The Arizona-based mortgage brokerage claims a former director of training is keeping the domain name of its loan officer training website hostage.
May 8 -
Their worries center on fears the new duties could impact their personal finances, according to a new survey from home-equity investment platform Point.
May 8 -
The broad rise in the share of underwater loans across the country this winter came as borrower distress grew and home prices pulled back in some regions.
May 8 -
The San Diego-based lender reported a net loss of $23.9 million for the January-March period, down from a net income of $97.9 million the quarter prior.
May 7 -
Monetary policy is on track to loosen later rather than sooner. Housing finance firms may look more to home equity until or unless a change revives activity.
May 7