Make the right lending decisions by being informed and knowledgeable on the impact of flooring during appraisals, upgrades, and resale evaluations.
Mortgage originators should expect more of those interest rate dips that took place in September, but when they happen is the unknown factor, economists said.
The company posted third-quarter profits of $194 million but gave no details about a potential split of its mortgage business.
Michael Barr said he believes artificial intelligence will have a positive long-term impact on the economy, though it may cause job losses in the short term.
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Senate Banking Committee ranking member Elizabeth Warren, D-Mass., led a group of congressional Democrats in a letter to bank regulators telling them that loosening capital rules wouldn't improve the Treasury market's functioning.
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The Fed should consider actively selling its mortgage-backed securities holdings, according to the Federal Reserve's vice chair for supervision.
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Nordholm took over as CEO in 2018 and the secondary market buyer of agricultural loans has named another executive who will serve as his successor.
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Jerry Halbrook, who also held key roles at a number of mortgage lenders like Pennymac and Nexstar, has been named president and COO of Covered Insurance.
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The Trump administration's exploration of a public offering tied to the government-sponsored enterprises spurred debate at a Bipartisan Policy Center event.
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Investment purchases surged to their highest share in five years in the second quarter, even though total volume decreased from 12 months earlier.
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The only thing more ominous than a CFPB investigation is when the FDIC and OCC join in on the action.
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Fannie Mae and Freddie Mac's decisions to make their automated underwriting systems free to use will feed more data to the GSEs, but do little to better serve lenders and borrowers.
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By effectively using technology to gather and verify big data, lenders can underwrite with greater precision, improve loan-level decision making and maximize the integrity of their mortgage portfolios.
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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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