The rate-indicative 10-year Treasury yield has broken out of its trading range and at one point Tuesday morning had risen to a point just shy of 4.4%, according to Yahoo! Finance.But as of midday Tuesday the yield had reversed its course and had fallen to 4.37%. The 10-year yield had been trading in a range closer to 4.2% before the increase in yield, which followed a spate of statistical releases indicative of economic strength.
Elevated delinquency levels have not affected expected losses, however, due to home price appreciation, Fitch Ratings said.
Retail lenders, including Beeline, Tomo Mortgage and Rocket Mortgage, settled with the department over infractions like submitting a false certification to not having the proper liquidity to be in the program.
A pair of bills, one with bipartisan support, look to address the issues around heirs' property so these families can have clear title on their homes.
The agreement, in which the real estate giant admits no wrongdoing, will cover around 70,000 agents.
Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
