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The Mortgage Bankers Association's measure of refinancing dropped 7.1% to 634.1 in the week ended May 23.
May 28
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President Donald Trump said that the US government would retain guarantees and an oversight role over Fannie Mae and Freddie Mac even as he pursues a public offering for the mortgage giants.
May 28
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The transaction is the fourth of its type the company has done this year through the partnership it has had with Crosscountry Mortgage since late 2022.
May 27
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The company, which already offers services in 41 states, through the Summit Mortgage Training buy gets a foothold in New Jersey and Pennsylvania.
May 27
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Regulators say the Mississippi-based depository satisfied the terms of the $5 million settlement it reached with Biden administration officials in 2021.
May 27
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The Federal Reserve and several industry groups agreed to put an indefinite stay on their legal fight over the annual examination process.
May 27
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The regulator says its prior amicus brief, which cited the Fair Debt Collection Practices Act and sided with borrowers, was no longer valid.
May 27
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A federal housing official pledged to take near-term action on credit score costs as two legislators have urged him not to allow fewer credit reports.
May 27
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The reverse stock split, consolidating eight shares into one, is designed to bring the Luxembourg-based company back into listing compliance on Nasdaq.
May 27
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Despite interest rate volatility, prepayment rates also increased, surging to levels last seen in October, according to a new ICE Mortgage Technology report.
May 27
