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Federal Reserve Vice Chair Philip Jefferson said the central bank is in the "early stages" of enabling banks to pledge assets to both the Federal Home Loan bank and discount window liquidity facilities.
May 19 -
Servicing profit offset origination losses for some companies, but more than 40% were unprofitable, according to the Mortgage Bankers Association.
May 16 -
CSBS hires veteran regulatory expert, Selene welcomes two new executives, Polly grows C-suite, Leaderone finds new president, plus more mortgage moves.
May 16 -
Housing starts increased in April as a pickup in multifamily home construction more than offset a decline in single-family dwellings caused by elevated inventory.
May 16 -
Sean Grzebin discusses his plans to leverage JPMorgan Chase's massive consumer audience to pick up mortgage market share.
May 16 -
A growing supply of unsold inventory applied downward pressure on prices, offering home buyers some relief, the Mortgage Bankers Association said.
May 15 -
The 30-year FRM remained under 7% for the 17th consecutive week, Freddie Mac said, but the 10-year Treasury at one point was up over 25 basis points.
May 15 -
The Trump administration has brought deregulation and staff cuts to the Consumer Financial Protection Bureau, leaving many wondering what's next.
May 15 -
The states with the highest percentage of non-current mortgage loans had an average year-over-year change of 0.7%, as of March 31.
May 15 -
Legal and compliance overtook verification issues as the top cause for application defects during the fourth quarter, according to Aces Quality Management.
May 15 -
The Financial Technology Association will now defend the Consumer Financial Protection Bureau's open banking rule after the Trump administration sided with banks that sued the agency.
May 14 -
The Consumer Financial Protection Bureau has dismissed or withdrawn from more than 20 lawsuits as the Trump administration reverses the work done during the Biden era.
May 14 -
The increase in purchase mortgage rate lock volume provides support for those looking for a strong Spring market this year, Optimal Blue found.
May 13 -
The top five lenders had an average of 30,887 loans guaranteed in 2024.
May 13 -
Originators feel neutral about bombshell acquisitions and regulation news, remaining focused on inventory, mortgages rates and costs, an NMN survey says.
May 12 -
More homeowners are willing to take out a HELOC versus three years ago, but a knowledge gap remains around the use cases for the product, MeridianLink said.
May 9 -
Federal Reserve Gov. Michael Barr said global supply chain disruptions and inflation caused by tariffs could weigh heaviest on small businesses, especially those with little access to credit.
May 9 -
The jobs report and FOMC meeting caused some movement but rates ended up where they started; but any unexpected news could result in swift changes either way.
May 8 -
Their worries center on fears the new duties could impact their personal finances, according to a new survey from home-equity investment platform Point.
May 8 -
Loan providers saw more frequent use of verification tools as well as shortened turnaround times from preapproval to application submission, Lenderlogix said.
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