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"Anything that is done around a safe and sound release is going to hinge on the effect of long-term mortgage rates," Bessent said.
February 7 -
On a GAAP basis, Intercontinental Exchange's mortgage business has lost money for nine quarters, but a metric that includes Black Knight makes it profitable.
February 6 -
Delinquencies are higher in one sector but overall pretax operating income is at a multi-decade high and adding to profit from originations.
February 6 -
The mortgage arm of Rithm Capital saw profits surge in the fourth quarter, as the parent company looks to scale up before making any moves to separate.
February 6 -
The 17.2% of mortgage borrowers nationwide with interest rates equal to, or greater than 6%, is the largest share since 2016, according to Redfin.
February 6 -
The 30-year fixed rate mortgage continues to slip away from the 7% mark, Freddie Mac said, but experts still expect them to stay higher for longer.
February 6 -
HUD, Ginnie Mae and USDA weighed in on the status of recent actions, some of which could change due to transitions in Washington.
February 6 -
The prospect of both megalenders being released from conservatorship and the downgrading of each firm's respective stock are top of mind for executives.
February 6 -
Treasury Secretary Scott Bessent said the Trump administration's focus with regard to bringing down borrowing costs is 10-year Treasury yields, rather than the Federal Reserve's benchmark short-term interest rate.
February 5 -
Completed foreclosure auctions should be 8% lower this year, but if home value and unemployment expectations change, all bets are off, Auction.com said.
February 5