Most Recent Mortgage News

Housing industry split on impact of latest Fed rate cut

Housing industry split on impact of latest Fed rate cut

The Fed’s decision followed President-elect Donald Trump’s recent re-election, with voters expressing ongoing concerns about inflation and economic stability. While...

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Rocket, Pennymac, UWM ratings upgraded by Fitch

Rocket, Pennymac, UWM ratings upgraded by Fitch

The bulk of more sizable, rated nonbank mortgage companies will start the new year on better footing than 12 months...

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Pill   – Mortgage Strategy

Pill   – Mortgage Strategy

Bank of England chief economist Huw Pill said there is “scope for further reductions” in the base rate if the...

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What Will Happen to Mortgage Rates During Trump’s Second Term?

What Will Happen to Mortgage Rates During Trump’s Second Term?

It’s been no secret that most everyone thinks mortgage rates will be higher under President Trump. But because it’s been...

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7 in 10 managers concerned about increased workplace tensions after US election

7 in 10 managers concerned about increased workplace tensions after US election

Voters in the United States flock to polling stations on Nov. 5 to choose between Democratic Vice-President Kamala Harris and...

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Loandepot returns to profit in Q3, unveils new strategic plan

Loandepot returns to profit in Q3, unveils new strategic plan

Loandepot saw its financial wherewithal bounce back into the black in the third quarter, after reporting losses since the beginning...

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Goodlord launches platform to handle Renters’ Rights Bill changes   – Mortgage Strategy

Goodlord launches platform to handle Renters’ Rights Bill changes   – Mortgage Strategy

Goodlord has launched a platform and signed new partnerships designed to help landlords get to grips with changes the Renters’...

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Mortgage Rates Are in a Holding Pattern Until After the Election

Mortgage Rates Are in a Holding Pattern Until After the Election

Seems pretty clear now that it doesn’t matter what economic data shows up between now and next week. Mortgage rates...

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Mortgage rates are rising again. What’s next for the market?

Mortgage rates are rising again. What’s next for the market?

It’s also served as a reality check for those brokers and originators who might have been preparing to take their...

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Townstone Financial agrees to settle redlining case

Townstone Financial agrees to settle redlining case

Both the Consumer Financial Protection Bureau and Townstone Financial claimed victory in the contentious anti-redlining lawsuit as the mortgage lender...

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