The 30-year fixed rate mortgage fell 2 basis points this week, Freddie Mac said, but other sources like Zillow and Lender Price reported larger drops.
Loandepot rolled out Project North Star, an initiative designed to position the company as "the leading lending partner of choice for homeowners."
The growing number of financially troubled customers and servicing transfers gone wrong helped to lower the overall industry score by 6 points, J.D. Power said.
The government-sponsored enterprise's bottom line results, like Fannie Mae's, came in above the previous quarter's but below year-ago numbers.
Octavio "OJ" Laos is a director at Armanino, leading the charge in the firm's AI Lab. Over the past five years, the AI Lab at Armanino has been at the forefront of AI technology within the accounting sector, delivering solutions ranging from custom chatbot development to predictive analytics.
-
Housing starts fall to lowest since May in broad decline
-
Emerging technologies like artificial intelligence, advanced automation, data analytics and fraud detection are reshaping how mortgages are marketed,
-
-
-
Market watchers expect the Federal Open Market Committee to announce a 25 basis point rate cut today, but are also watching for signals of more cuts to come and how many members push for a larger 50 basis point cut.
-
- Daily BriefingDelivered Every WeekdayIdeas that impact your business delivered to your inbox every day.
- Origination BulletinDelivered Every WeekdayHeadlines, marketing tips, and opinions for loan officers and origination sector professionals.
- Servicing BulletinTuesday, ThursdayInsights and perspectives for the mortgage servicing professional.
- Technology BulletinThursdayA roundup of the latest headlines and opinions on the mortage technology sector.
-
Enhanced data can help you determine whether a particular customer is a good fit for the products you want to market.
-
Congress should take the interests of small and midsized mortgage lenders into account as it weighs regulatory reform for community banks. Exempting smaller lenders from random CFPB audits would be a good start.
-
The complexity in proving whether a loan officer is "outside" has caused many employers to abandon the classification - a move both unwise and unnecessary.
-
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
-
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
-
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.
-
Partner Insights from Figure -
Partner Insights from Figure -
Partner Insights from Figure - Partner Insights from Hyland
