Economy

Rising inflation and moves by the Federal Reserve are expected to fuel interest rate growth into 2022.

Also, Freddie Mac and Fannie Mae's securitization platform shuns private-label market, UniversalCIS and Credit Plus merge and Arizent research shows work remains to reach industry DEI goals.

But overall improvement in September employment numbers are likely to encourage the Federal Reserve to begin tapering their asset purchases.

Take our survey to share your views on how the market will develop in the coming year.

Also, forbearances fall below 3%, Incenter offers Ginnie Mae MSRs and Democrats introduce a 20-year mortgage option.

Residential starts rose 3.9% last month to a 1.62 million annualized rate after an upwardly revised July print, according to government data released Tuesday.

The builder was found guilty of stealing over $1 million from home buyers, lenders, businesses and a family member’s special needs trust between 2016 and 2020.

Residential construction was up 27% year over year in July, according to the U.S. Census Bureau.

Dave banking app originally created to do away with overdraft charges has taken the industry by storm. It's on a mission to advance financial opportunities for all Americans. Join Penny Crosman, Executive Editor of American Banker and Jason Wilk, CEO and Co-Founder of Dave as they talk about how this app is changing the way people manage their money and what’s in store for the future of one-stop-shops for finances.

The Federal Housing Finance Agency in the Trump administration had been preoccupied with Fannie Mae and Freddie Mac’s capital position. Acting Director Sandra Thompson has shifted the agency’s focus to affordable housing and fair lending.