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Investment properties are the primary properties backing the collateral pool, at 80.3%, while second homes account for 19.7% of the pool.
February 27 -
Trump administration nominees Bill Pulte and Jonathan McKernan will face Senate scrutiny Thursday over their approaches to oversight, with industry support but expected Democratic opposition, particularly from Sen. Elizabeth Warren.
February 27 -
Treasuries gained for a sixth straight session. Morgan Stanley say the 10-year has scope to fall back below 4% if the prevailing view on the Fed shifts.
February 26 -
The company missed analysts' quarterly forecasts on operating earnings per share due to higher mortgage servicing rights amortization and operating expenses.
February 26 -
While the March 3 submission deadline holds firm, compliance experts suggested guidance inquiries for Home Mortgage Disclosure Act filers could be lacking.
February 26 -
Implemented in January, the Biden administration rule addressed flood risk in designated zones, setting building levels that were higher than FEMA standards.
February 25 -
Mr. Cooper expects close to 350 former Flagstar employees to be integrated as team members.
February 25 -
HUD denied claims that 40% of the administration's workforce will be cut.
February 25 -
The organizations play a critical role in our economy, providing affordable single family mortgage loans to enable homeownership, writes the Executive Director of the Community Home Lenders of America
February 25Community Home Lenders of America -
DOGE's erratic approach may jeopardize efforts to weaken the agency, anonymous sources warned. The Musk team's unpredictable actions could face legal challenges—potentially paving the way for a resilient CFPB to endure.
February 23