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FHLBs should double financing for affordable housing, regulator says -
CFPB makes structural changes after expanding authority over nonbanks -
How Senators want to preserve rural housing stock -
Fed's Powell touts benefits of international coordination -
New details on rush of Home Loan bank borrowings at three failed banks
- Sep 16-17, 2025|San Diego, CA
Mortgage applications rose 1.1% last week, with borrowers most interested in FHA loans and refinancing.
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The company maintained its guidance for the year as the bottom line returned to the black in the first quarter, officials reported in an earnings call.
April 30
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Citizens Financial Group's promotion of Brendan Coughlin to company president comes at the same time as CFO John Woods prepares to leave for State Street. Both executives have been viewed as potential successors to CEO Bruce Van Saun.
April 30
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The wholesale lender dubbed the development a "huge win" for itself and the broker community.
April 30
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The Federal Reserve's preferred inflation reading fell in March, but the positive reading came before new trade policies hit the economy.
April 30
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A $24 million single-family provision for credit losses linked to economic uncertainty and changes in actual and forecast home prices weighed down results.
April 30
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 Mortgage Bankers Association latest forecast reflects the industry's current views on where their business is going, said Mike Fratantoni.
May 19
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Mortgage brokers say hurdles more pressing than a high interest rate environment range from nationwide inventory shortages to property tax increases.
May 19
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Federal Reserve Vice Chair Philip Jefferson said the central bank is in the "early stages" of enabling banks to pledge assets to both the Federal Home Loan bank and discount window liquidity facilities.
May 19
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Mortgage bonds supported by government-backed companies like Fannie Mae and Freddie Mac were trading slightly wider Monday morning after Moody's Ratings downgraded the US late last week.
May 19
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The numbers suggest Rocket Mortgage's acquisition of Mr. Cooper won't add enough dollar volume to outpace its closest competitor but they also show the deal has other benefits.
May 19
