Chairman and CEO Jamie Dimon said in a Tuesday statement that "the U.S. economy remained resilient" during the second quarter, adding that the recent tax cuts and potential deregulation are "positive for the economic outlook."
The decline for the third consecutive week reflects investors' belief that the Federal Open Market Committee is likely to cut rates this year.
That's left mortgage servicing rights investors with fewer concerns about runoff, but buyers have less in the way of recapture opportunities.
The Mortgage Bankers Association's chief operating officer has decided to retire after 11 years at the job. Three association leaders were promoted as a result.
As the government shutdown stalls key housing programs, lenders are shifting tactics to keep loans moving and preparing for bigger challenges ahead.
-
Federal Trade Commission data shows scam losses for adults 60+ have skyrocketed, with banks under pressure to strengthen protections.
-
Second quarter earnings at the nation's largest title underwriters, while mostly positive, were still affected by the rather weak purchase season this year.
-
Federal Reserve Vice Chair for Supervision Michelle Bowman said she foresees three interest rate cuts for this year, a view bolstered by the latest employment data.
-
A regulator has circulated an ideal picture of a public GSE offering from President Trump's social media. Here's what analysts think the reality would be.
-
The longtime mortgage professional oversaw numerous modernization efforts at the Veterans Affairs mortgage department, and the creation of a post-pandemic foreclosure prevention program.
-
A government-sponsored enterprise and companies that sell them are making modern houses more affordable in line with larger public and private market trends.
- 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.
-
A lender's LOS can help or hurt its bottom line. When examining existing systems for process improvements or evaluating other alternatives, focusing on a number of key considerations can simplify the process and narrow down the field of LOS options.
-
Warehouse lenders are severely aware of the potential risks of non-QM loans, but right now, they have a huge appetite for earnings and sustainability.
-
Mentoring the newbies in the mortgage business may help them avoid boom-and-bust errors later in their careers. And it can be a personally satisfying thing to do as well.
-
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
