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Federal Reserve Chair Jerome Powell warned that actions that undermine the apparent stability of the U.S. economy could have lasting effects on its status as a global safe haven.
April 16 -
Banks ceded their market share of home finance following the Great Recession. Will the current regulatory environment make them more involved players?
April 16 -
The highly volatile interest rate environment will actually result in higher refinance mortgage volume than previous forecast for 2025 and 2026.
April 16 -
Chief Operating Officer Joseph Gormley's appointment fills out a thin executive team at the government corporation, which plays a key role in funding mortgages.
April 16 -
Senators want to investigate the rapid changes to Fannie Mae and Freddie Mac's boards of directors, and seek more clarity about reported layoffs.
April 16 -
US homebuilder confidence barely rose this month on a pickup in current sales, though demand expectations stumbled to a more than one-year low and prices of construction materials are climbing on the heels of higher tariffs.
April 16 -
Starting April 22, mortgage brokers will be able to access Rocket Pro's loan pricing, interest rates and product eligibility, the company announced.
April 16 -
US mortgage rates jumped last week by the most since October on the back of heightened volatility in the Treasury market, causing a pullback in financing applications for home purchases and refinancing.
April 16 -
As tariff turbulence continues, BofA is predicting a slowdown, not a downturn. But America's second-largest bank is also signaling that it's prepared for a more severe scenario.
April 15 -
The deal has an extensive capital structure, which is expected to repay investors sequentially, with notes enhanced by subordination.
April 15 -
A bipartisan group of representatives co-sponsored the bill, aiming to make permanent and expand eligibility for a deduction previously offered for 14 years.
April 15 -
While no additional details were disclosed, the housing regulator's inspector general typically probes cases which are prosecuted by the Department of Justice.
April 15 -
The agency is seeking input on how to better open up industries up to new entrants. Some see this opening the door to more competition for banks.
April 15 -
The firm's chief financial officer replaces Kenneth DeGiorgio, who recently pleaded not guilty in a Puerto Rico federal court to a misdemeanor assault charge.
April 15 -
Recent wildfire updates include the Federal Housing Authority's waiving of quality-control reviews and the upheaval of the state's commercial real estate space.
April 15 -
The Seattle-based company, which had made home loans for more than a century, announced it was quitting the mortgage business in January. It booked nearly 400 small business loans in the first quarter and expects that total to grow as its team gains traction.
April 15 -
The former underwriter, who worked for the Georgia-based lender from 2023 to 2024, claims she averaged more than 60 hours a week and was not properly compensated.
April 15 -
The potential impact of agentic AI on the mortgage industry's future lies in its ability to give human employees "superpowers," technology leaders say.
April 15 -
Bessent reiterated his interpretation of the decline being mainly a product of deleveraging, saying he had no evidence that sovereigns were behind the drop.
April 14 -
Federal Reserve Board member Christopher Waller said he would not be deterred from classifying inflation as "transitory" despite the board's recent experience underestimating inflationary pressures.
April 14



















