Most Recent Mortgage News

Presidential Candidate Kamala Harris Has a 7-Year Adjustable-Rate Mortgage

Presidential Candidate Kamala Harris Has a 7-Year Adjustable-Rate Mortgage

By now you’ve heard the news. President Biden dropped out of the 2024 presidential race and paved the way for...

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Is opportunity improving for first-time homebuyers?

Is opportunity improving for first-time homebuyers?

For Kristin O’Neil (pictured top), senior loan officer at Open Door Lending, 2024 has seen an uptick in first-time buyers...

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20 states where mortgage delinquency is increasing the most

20 states where mortgage delinquency is increasing the most

Enjoy complimentary access to top ideas and insights — selected by our editors. Some mortgage delinquency is inevitable, but when...

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Does a (fee) cap fit? – Mortgage Strategy

Does a (fee) cap fit? – Mortgage Strategy

Shutterstock / MaskaRad The UK’s largest lender, Halifax, recently set a precedent by publicly announcing a cap on how much...

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Is the US housing market turning a corner?

Is the US housing market turning a corner?

That drop contributed to a boost in refinances, which increased to their highest level since August of 2022, while applications...

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ICE’s Encompass down following CrowdStrike incident

ICE’s Encompass down following CrowdStrike incident

ICE Mortgage Technology’s Encompass loan origination system went down following a global technology outage. By Friday afternoon, many parts of...

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15 Jul to 19 Jul – Mortgage Strategy

15 Jul to 19 Jul – Mortgage Strategy

Mortgage Strategy’s Top 10 Stories for the Week: This week’s top stories highlight significant shifts in the mortgage landscape. From...

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Freddie Mac’s Pilot Program to Buy Second Mortgages Probably Isn’t a Big Deal

Freddie Mac’s Pilot Program to Buy Second Mortgages Probably Isn’t a Big Deal

In case you missed it, the Federal Housing Finance Agency (FHFA) granted conditional approval to Freddie Mac to purchase single-family...

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Cornerstone Capital Bank enters commercial real estate market

Cornerstone Capital Bank enters commercial real estate market

In its news release, Cornerstone said its entry into the commercial real estate market comes with no existing exposure to...

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Bank of America beats analysts’ expectations despite dip in profits

Bank of America beats analysts’ expectations despite dip in profits

During the second quarter, Bank of America recorded $6.9 billion in net income, down more than 6% from the same...

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