The members of the Mortgage Industry Equity Composite finished the week strong, with 15 of the 17 stocks closing higher on Friday.
The two losers—
HLSS was down 1.29%, while OceanFirst was off 1.14%.
The private mortgage insurers, as they have a number of times in recent weeks, were the biggest percentage gainers among MIEC stocks. Radian was up 6.16%, while MGIC Investment Corp., rose 4.83%.
LoanDepot will integrate Figure's proprietary credit and loan underwriting engine into its own proprietary mello technology platform and point of sale system.
It doesn't have to be all or nothing, but all paths are complex, capital markets and policy experts in the Treasury Market Practices group say.
The 30-year fixed fell to 6.37% after a two-week ceasefire tempered war-driven volatility, but economists warn the spring housing market faces continued turbulence.
The Mortgage Bankers Association found gains in March for conforming, jumbo and government-sponsored loan indices for the third consecutive month.
An appellate court reversed part of an $8.5 million award for attorneys who secured a $38.5 settlement against the lender in 2023 in a False Claims Act case.
Fintech Candid says its AI-powered newsletter platform can scrape social media and public data to help loan officers send hyper-personalized outreach at scale.
