Consider yourself a scholar of the latest mortgage servicing litigation and Fannie Mae announcements? In this week's National Mortgage News quiz, test your knowledge on articles covering the FDIC chair nomination, mortgage servicing statistics, and more!
The Federal Open Market Committee voted to reduce interest rates by 25 basis points Wednesday, but the emergence of dissents on the committee makes the chance of another quarter-point cut in December less certain.
Of the 15 states most affected by natural disasters, California and Florida had the highest non-renewal rates in 2024, a Weiss Ratings study found.
The deal will help drive development at Mortgage Cadence, which had been a unit of Accenture, and enable new integrations and automation, according to leaders.
A regulation requiring nonbanks to report violations of local and state orders to federal offices was redundant and offered no benefit, mortgage leaders said.
Mortgage loan application volume jumped 7.1% on a seasonally-adjusted basis last week, the Mortgage Bankers Association said.
Shareholders' equity topped $105 billion as net income rose 16% from the previous quarter and nearly matched year-ago results.
