Treasury and agency bonds had resumed relatively normal trading Thursday, but quotes for to-be-announced mortgage-backed securities were "all over the place" and users were having trouble obtaining quotes from some computer systems, according to bond market participants. The participants said Cantor Fitzgerald -- which was located on the upper floors of the World Trade Center and has been working hard to locate employees and restore operations -- was responsible for a lot of the real-time quotes they received. Market participants also reported that dealers have been swamped with calls, many of them inquiries related to the World Trade Center catastrophe.
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The drop in the annual metric for FHA loans was the biggest in over four years but other performance indicators ICE Mortgage Technology tracked were mixed.
July 24 -
NJ Lenders suffered a cyberattack last August, which potentially exposed the names and social security numbers of about 30,000 individuals.
July 24 -
Its origination volume of $621.8 million was an increase of $114 million compared with the first quarter but its gain-on-sale was 5 basis points lower.
July 24 -
The mortgage subsidiary of PlainsCapital Bank saw improvement in its bottom line but remained in the red amid ongoing affordability constraints.
July 24 -
Though the crimes occurred earlier this decade, they highlight how much easier it has become to create false documents today, given the rise of artificial intelligence.
July 24 -
The "stay-put" economy, along with higher mortgage rates, is responsible for this shift where home equity and seconds have a 17.5% market share, Benutech found.
July 24







