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Fed's Powell says new proposal for Basel III endgame is "essential" -
Fed emphasizes independence, transparency in monetary policy report -
HUD adds translations of mortgage servicing documents -
California sets $20 billion of state bond measures; Bay Area adds another $20 billion -
The housing paradox standing in the way of a Fed rate cut
- Sep 16-17, 2025|San Diego, CA
The Senate version makes permanent the mortgage interest and mortgage insurance premium reductions, removes the revenge tax but also cuts CFPB funding.
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The Consumer Financial Protection Bureau has dismissed or withdrawn from more than 20 lawsuits as the Trump administration reverses the work done during the Biden era.
May 14 -
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 -
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 -
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 -
Lower is acquiring a top-five ranked real estate portal to create an "end-to-end homeownership platform" to rival Rocket Mortgage.
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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Pending sales of previously owned US homes last month fell by the most since September 2022, illustrating a disappointing spring selling season as prospective buyers balk at high asking prices and borrowing costs.
May 29 -
Analysts awaiting specifics on the "implicit guarantee" for Fannie Mae and Freddie Mac are split on whether mortgage rates and guarantee fees could rise.
May 29 -
While overall investor purchase activity is returning to pre-pandemic norms, interest in condo units dropped to a 10-year low, as insurance and fees surged.
May 28 -
While more consumers claim they can't tell whether now is a good time to purchase a home, over half of prospective buyers said the market is better than it was in 2024.
May 28 -
While mortgage originations increased, borrowers focused their attention on big-ticket items, as credit account balances flattened overall, Vantagescore said.
May 28