Here's what mortgage professionals should know about Rocket's rebranding, its $1.75B play for Redfin, dropped CFPB lawsuit and more.
But Zillow's rate tracker came in flat, while Optimal Blue's rose 10 basis points from its low last Thursday.
If the tally included loans with some form of payment relief, the rate would be close to 8%.
Fears of identity theft are top of mind for many Americans, even as many admit they're open to lying themselves in order to get mortgage credit.
Federal Reserve Chair Jerome Powell said during his regular press conference Wednesday that the process of determining tariff-related price increases was always going to be slow, but it has taken longer than he expected.
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In a party-line vote, the committee sent the nomination of Michelle Bowman as the Federal Reserve's vice chair of supervision to the full Senate.
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Mortgage delinquencies were up in March, according to data from Intercontinental Exchange.
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As the lock-in effect deters many current homeowners from buying, the housing market is seeing younger clients stepping in, often with government-backed loans.
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The Consumer Financial Protection Bureau under President Trump plans to make changes to the rule governing consumer financial data rights despite rare bipartisan support for the regulation.
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The $1.15 billion agreement earmarked for general corporate purposes can increase to $2.25 billion pending the lender's acquisition of Mr. Cooper.
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The company took a break from securitization during the first quarter but was able to get a deal done shortly after the fiscal period ended.
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What would you choose to do if you thought anything was possible?
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A large number of mortgage fraud cases involving allegations of kickbacks, straw buyers or both.
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We're hearing about new rules in the works for mortgage and real estate professionals in New York.
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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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