In a positive sign for the economy, headline inflation slowed in February. But the reading alone likely is not enough to break the Federal Open Market Committee out of its wait-and-see mode.
Last year was a tough year for the mortgage industry, but the best of the best managed to keep their volumes high.
The amount far surpassed that of any other servicer required to purchase Ginnie Mae-backed loans that were 90 days past due.
"There's nothing that tells me that he should step down right now," Bessent said of the US central bank chief, speaking Tuesday on Fox Business.
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Equifax Inc.'s first-quarter profit beat estimates, although the credit-reporting agency declined to raise its guidance, citing the tariff-induced uncertainty in the economy and falling consumer confidence.
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The FHFA director, who's posted numerous updates on social media, has yet to hint at a potential Fannie Mae and Freddie Mac exit from conservatorship.
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The partnership between the customer contact software provider and the operator of the Empower loan origination system was announced nearly one year ago.
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From changing the boards of Fannie Mae and Freddie Mac to nixing DEI programs, the Federal Housing Finance Agency's Pulte era has been busy.
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The top five banks had a combined second-lien loan volume of more than $95 billion at the end of December 2024.
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The homebuilder agreed to acquire Alliant National in a transaction announced last October, with this deal closing after the Cherry Creek mortgage purchase.
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We're hearing that a funny thing happened on the way to a radiant world of paperless lending: a lot of people decided they liked using paper.
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The release of the Consumer Financial Bureaus federal consumer financial complaints database is little more than the regulator stroking its ego.
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The top originators believe they are the owners of their occupation and they act accordingly.
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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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