Mortgages

The servicer charges borrowers $25 to obtain a payoff quote statement.

Our annual listing of the nation's most productive mortgage originators by dollar volume begins with those ranked between 201 and 300.

The new expiration for waivers, which is now set for a date after November, adds uncertainty about the fate of a proposed policy that would replace the temporary, pandemic-era servicing rules.

The appellate court decision allowing the Justice Department to reopen an investigation into the National Association of Realtors is likely to disrupt the Sitzer/Burnett settlement, Keefe, Bruyette & Woods said.

The surprisingly strong U.S. economy has driven Treasury yields to the highest since late November as investors dial back bets on interest-rate cuts, wagering that policymakers will be wary of easing policy prematurely.

Mortgages that homebuyers locked in March rose 17% even with FICOs at record high for Optimal Blue's dataset, suggesting there are many qualified borrowers.

Logan, whose remarks are closely watched by investors given her prior role managing the central bank's asset portfolio at the New York Fed, said she's increasingly concerned that inflation progress could stall out. 

In a study posted weeks after it raised concerns about "junk fees," the Consumer Financial Protection Bureau noted that the amount of borrowers paying discount points doubled from 2021 to 2023, with the increase larger among consumers with lower credit scores.

The $12.1 billion-asset DCU launched the loan platform in 2022, and has seen volume jump by close to $600 million from when talks began in 2019 to last year.

Job numbers for brokers have held up better than lenders, but both segments will be challenged by broader employment strength that makes rate cuts less likely.