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The Bureau of Economic Analysis reported that the personal consumption expenditures, or PCE, price index rose 3.7% from a year earlier, indicating that inflation remains above the Federal Reserve's target.
Data moving outside of physical documents in the secondary mortgage market is adding millions to costs per year, according to the Housing Policy Council.
The lender is seeking a temporary restraining order on its founder to halt his shareholder rally, suggesting he could complete his corporate takeover soon.
Smaller builders felt the greatest impact of material cost increases, as new Trump administration tariffs add a layer of worry for the construction industry.
The national delinquency rate dropped 16 basis points to 3.39% last month, according to the Intercontinental Exchange's latest first look report.
The product expansion comes at a time when not just non-agency issuance is expected to have a record year, but other lenders are getting into wholesale.
