- Sep 16-17, 2025|San Diego, CA
The Mortgage Bankers Association's index of home-purchase applications advanced 9.4% in the week ended July 4, according to data out Wednesday.
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The government measure of inflation for May ticked up modestly, adding to the signals that the Federal Reserve is unlikely to move on interest rates when it meets next month.
June 11 -
The Trump administration's plan to fire 90% of the staff at the Consumer Financial Protection Bureau has raised constitutional questions about whether courts can decide whether a president is taking "care that the Laws be faithfully executed."
June 11 -
The deal is secured by a portfolio dominated by mortgage loans considered non-qualified or exempt from ability to repay rules.
June 10 -
Shelia Bair, who chaired the Federal Deposit Insurance Corp. from 2006 to 2011, said that while post-crisis reforms may have overregulated banks, the current deregulatory swing could undermine important protections and lead to another banking crisis.
June 10 -
Cara Petersen, the Consumer Financial Protection Bureau's top enforcement official, said the Trump administration has "no intention to enforce the law in any meaningful way."
June 10
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 publicly traded company will become privately held as part of the all-cash servicer-lender acquisition, with a $20-per-share payout to common stockholders.
June 18 -
Both purchase and refinance activity declined last week, despite rates falling to a two-month low with market concerns over geopolitical and tariff issues.
June 18 -
Home sellers, no longer required to pay the buyer's representative after major rule changes last year, are still covering the costs as concessions.
June 18 -
The Trump administration is seeking to fire roughly 90% of the Consumer Financial Protection Bureau's staff and is fighting for that right in court. But if the administration prevails, can other consumer protection authorities from other federal regulators pick up the slack?
June 18 -
Prior to this development, the CFPB was the sole industry participant to publish an average prime offer rate index on a weekly basis.
June 17