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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 -
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 -
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 -
The run-up in prices since the pandemic, and mortgage rates hovering near 7%, have squeezed affordability for house hunters, pushing many to the sidelines.
May 27 -
The Mortgage Bankers Association deleted web pages including a diversity, equity and inclusion playbook, citing compliance with President Trump's orders.
May 27 -
By restructuring the GSEs into public utilities, we can end decades of free-riding by private investors on the public credit, writes the chairman of Whalen Global Advisors.
May 26Whalen Global Advisors LLC -
This potential transaction would be part of a broader trend of mortgage lenders and servicing players converging, such as Rocket's recent acquisition of Mr. Cooper.
May 26 -
A recent deal involving a troubled Texas bank shows that even the most lopsided depository can find an exit.
May 26 -
Federal Reserve Gov. Lisa Cook said in a speech Friday that the market's response to recent volatility shows resilience, but more study is needed about the financial stability implications of business relationships between banks and nonbanks.
May 23 -
The top female loan originator in the mortgage industry logged $186.5 million in dollar volume over the course of 2024.
May 23