Responses to our survey question on whether federal regulators should issue underwriting guidance on interest-only and payment-option ARMs are running strongly against the idea.As of 1 p.m. Friday, the tally stood at 164 ayes and 650 nays. To participate in the survey, find the question in the left-hand column of the home page.
-
The industry hasn't been sure how much of a lift they'd get this spring but a broader slowdown in hiring may help to lower financing costs.
34m ago -
Test your knowledge of the biggest mortgage headlines of the week. No. 2 pencil not required!
6h ago -
Rocket Cos. reported an increase in gain-on-sale margin but warned that going forward it is likely to slip back to levels seen in the second half of last year.
May 2 -
The 2022 vintage had a higher percentage of purchase mortgages, as well as 30-year fixed-rate loans versus the 2021 production, an annual Federal Housing Finance Agency report said.
May 2 -
Almost half of parents said their grown children returned to live with them after graduation, placing greater challenges on their own long-term housing and retirement goals, according to a recent survey.
May 2 -
In total, 84 producers from mortgage lenders including Summit Funding and Movement Mortgage have transitioned to Fairway Independent Mortgage.
May 2