Executives from three wholesale shops, including PRMG, The Loan Store and Newfi, dissected the regulatory landscape and how some developments might impact the broker channel.
This first step in updating borrower assessments was seen as the easiest and could reduce costs, but stakeholders fear change that reduces data inputs.
The development bodes well for outcomes on distressed loans backed by major government-related mortgage investors Fannie Mae and Freddie Mac.
Trump appointed Antoni, who has been vocal about his concerns with BLS jobs data and revisions, in a Truth Social post Monday. The position is subject to Senate confirmation.
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The Republican-led bill heading to the Senate extends and expands numerous business and consumer tax benefits included in Trump's 2017 cuts.
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Yields on the 10-year Treasury have been climbing because of the Moody's U.S. downgrade, the tax bill under debate in Congress and possible GSE reform.
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Bond yields are shooting up for the second time in as many months. Federal Reserve Gov. Christopher Waller attributes the volatility to concerns about rising national debt levels.
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The increase reflects a broader trend that rating agency analysts are watching closely as depository ties to other types of financial institutions grow.
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The number of major housing markets with annual home price declines is the largest since late 2023, when average mortgage rates were above 7.5%.
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The unexpected drop to the slowest pace in seven months was driven by ongoing affordability constraints and is a lackluster start to the Spring selling season.
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We're hearing that the Senate is bracing for a fight over the confirmation of Rep. Mel Watt to be the new GSE regulator.
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It refers to integrating each step of the loan process, from pre-origination activities all the way through servicing to lien satisfaction, in a unified suite of software running on a common platform.
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For investors who have thrown big wads of cash toward the safety of long-term bonds, the end of low interest rates will not be a welcome one.
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ON-DEMAND VIDEOMonetary policy remains the key to the markets. The Federal Open Market Committee predicts one rate cut in 2026, but the panel will get a lot of data before
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ON-DEMAND VIDEOWith the government reopened and data flowing, the FOMC may cut rates again in Dec. Steve Skancke, Chief Economic Advisor at Keel Point, will break down the mee
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ON-DEMAND VIDEOWill the Federal Reserve cut rates in October? BNP Paribas Chief U.S. Economist James Egelhof discusses the meeting and Chair Jerome Powell's press conference.
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