Although fewer industry leaders in a May survey are prioritizing cost-cutting, those bosses said they'd focus on back-office staff over other expenses.
The merger between the two retail mortgage businesses will grow the company's footprint, especially in the Pacific Northwest, according to Synergy One's CEO.
Some in the space say they've seen new players coming in but others disagreed during a panel at the Mortgage Bankers Association's Secondary and Capital Markets conference.
Selected companies will have the opportunity to demo their compliance-related solutions at a February 2026 tech sprint following a December kickoff event.
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The opening trades were at $11 higher than what Figure priced the initial public offering, and in early action, the stock has ranged from $32 to $37 per share.
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The 30-year fixed rate mortgage had its largest decline in a year as it is universally anticipated the Federal Open Market Committee will cut short-term rates.
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The White House has appealed a D.C. District Court ruling allowing Federal Reserve Gov. Lisa Cook to remain on the Fed board pending the outcome of her challenge to President Trump's moves to fire her.
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Fannie Mae shares have jumped more than 320% year-to-date and Freddie Mac shares have surged 288% for the same period.
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The company valued its 31.5 million share common stock sale at $25 per share, higher than the last announced expected range of between $20 and $22.
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Consumer prices rose 0.4% in August, up from 0.2% in July, as weak job growth and lingering tariff uncertainty reinforce expectations for a September Fed rate cut.
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The Obama Administration's decision to cut the FHA annual premium by 50 basis points will do little to boost a lagging housing market where banks are looking for near-zero lending risk.
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Mortgages for Gulf War veterans have more than tripled since 2008, which along with a spirited outreach program and the post-crisis credit squeeze, has helped fuel a steady increase in Department of Veterans Affairs lending.
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If you don't take control of your business, don't set up a plan and don't take your life by the horns, you're going to continue to be miserable.
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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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