- Sep 16-17, 2025|San Diego, CA
Gain on sale at JPMorgan Chase fell by 5 basis points in the second quarter, which could be a slightly adverse sign for mortgage banker results, KBW said.
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The Senate Banking Committee is now proposing to cut the cap by which the Consumer Financial Protection Bureau can request funds from the Federal Reserve to 6.5% of the Federal Reserve's operating budget after its opening bid of 0% was rejected by the Senate parliamentarian.
June 27
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While consumer distress in auto and personal loans also picked up, the pace of growth among mortgages was atypical, Vantagescore's monthly credit gauge said.
June 27
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The two government-sponsored enterprises are repositioning Common Securitization Solutions to align with priorities set by their regulator and President Trump.
June 27
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The Federal Reserve's preferred measure of inflation moved further from its 2% target, underscoring the central bank's reluctance to cut rates.
June 27
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Subservicer Cenlar moved into the O'Fallon, Missouri offices Citigroup's mortgage business occupied until the latter deemphasized servicing in 2017.
June 27
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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Federal Reserve Chair Jerome Powell was noncommittal about cutting interest rates at the central bank's next monetary policy meeting in July, saying future actions will depend on incoming data. His comments come as President Trump ramps up his criticism of the Fed chair.
July 1
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HUD Secretary Scott Turner issued five mortgagee letters pulling back on 12 Federal Housing Administration policies that drive up the cost for homebuyers.
July 1
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Bill Pulte, regulator and conservator of entities that buy and securitize many mortgages, also reaffirmed he's 'not happy with" lenders' main score provider.
June 30
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In some California markets, a household would need a six-figure raise to afford monthly payments on a typical home, new Zillow research found.
June 30
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The former management and program analyst, working three jobs, submitted time sheets showing over 24 hours of work per day, prosecutors said.
June 30
