Despite rising interest rates, mortgage-related debt issuance increased 13.9% in the first quarter compared with the level recorded in the first quarter of 2005, according to The Bond Market Association.Issuance in this category climbed to $468.9 billion from $411.5 billion, the association said. The association can be found on the Web at http://www.bondmarkets.com.
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The brokerage boss settled litigation with ex-business partner Mat Grella which involved private aviation, luxury cars and a separate six-figure judgment.
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The median down payment for a potential Gen Z homebuyer is well below the amount the three older generations are looking to make, a LendingTree study found.
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Lenders are still sending files to their secondary market partners with missing or misplaced documents, affecting how the collateral is viewed and priced.
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House Republicans floated discussion legislative drafts aimed, in part, at strengthening the Federal Home Loan Banks' role providing liquidity to the financial system.
July 21 -
More than 80% of lenders are evaluating AI tools across their businesses, yet only 17% have deployed the technology in live production workflows.
July 21 -
Equity levels grew to start 2026 after pulling back to end last year, as older homeowners increasingly say they prefer to remain in place rather than downsize.
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