Most Recent Mortgage News

Labor market falls short of August expectations

Labor market falls short of August expectations

With the Fed next scheduled to meet on interest rates on September 17-18, the sluggish labor market will increase speculation...

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First Interstate joins others fined over flood insurance

First Interstate joins others fined over flood insurance

The civil money penalty that First Interstate Bank in Billings, Montana is paying to resolve alleged federal flood insurance violations...

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Some firms doing ‘bare minimum’ to comply with AR rules: FCA  

Some firms doing ‘bare minimum’ to comply with AR rules: FCA  

The Financial Conduct Authority has said that principal firm’s oversight of their appointed representatives is improving, but is concerned that...

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Researchers Says Don’t Wait on the Fed Rate Cut to Refinance Your Mortgage

Researchers Says Don’t Wait on the Fed Rate Cut to Refinance Your Mortgage

A new paper from Yale professor Kelly Shue argues that consumers mistakenly wait to take out mortgages and other long-term...

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Most employees fear retirement more than death, divorce: survey

Most employees fear retirement more than death, divorce: survey

In fact, the employees said they fear retirement more than: divorce (64%) death (61%) getting fired (54%)...

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Mr. Cooper fallout, new regulations: Top mortgage news of August 2024

Mr. Cooper fallout, new regulations: Top mortgage news of August 2024

Homeowners insurance is labeled as one of the hidden costs for property owners, and their escalating prices could have an impact on the...

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MFS cuts rates on bridging, BTL and fusion deals – Mortgage Strategy

MFS cuts rates on bridging, BTL and fusion deals – Mortgage Strategy

Market Financial Solutions has reduced rates across its product range. The specialist lender has cut rates on its Bridge Fusion...

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New Flat-Fee AI-Powered Real Estate Buyer Agent Service Called Landian Launches

New Flat-Fee AI-Powered Real Estate Buyer Agent Service Called Landian Launches

What’s better than taking on the National Association of Realtors (NAR) and winning? Well, launching your own flat-fee, AI-powered real...

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NewDay USA hit with $2.25 million fine for deceiving military borrowers

NewDay USA hit with $2.25 million fine for deceiving military borrowers

“NewDay USA baited veterans and military families into cash-out refinance mortgages by hiding the true costs of these loans,” CFPB...

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UWM-backed study compares wholesale and retail origination savings

UWM-backed study compares wholesale and retail origination savings

United Wholesale Mortgage has shared a study of public data backing its “brokers are better” mantra, sharing some math describing...

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