Hedge fund manager Scott Bessent had been the betting favorite to take the reins at Treasury. Scott Turner, a former ...
Serious mortgage delinquencies are at their highest since May 2023, and early payment default activity is also a concern, ICE ...
In its latest financial stability report, the Federal Reserve warned high equity valuations and low levels of liquidity could ...
Freddie Mac is offering a municipal bond option for investors in its ML multifamily securitization offerings starting with ...
Investors bought 15.9% of U.S. homes sold in Q3, according to Redfin, a level similar to 2018 and 2019, when the share was around 14%.
The U.S. Department of Housing and Urban Development is accepting comments on proposed standardization of loan application ...
A Florida judge threw out a suit accusing the Department of Housing and Urban Development of not refunding mortgage insurance ...
The Great Financial Crisis changed not only how Luxury Mortgage operated, but what its name stands for, shifting from the ...
The wholesale lender reported a 32% rise in expenses, totaling $328 million for the three months ended Sept. 30, according to its third-quarter earnings. The increase was largely driven by a $46.1 ...
Mortgage application rejections surged in 2024, with refinance borrowers experiencing the highest rate of "no" in over 10 years, according to research by the Federal Reserve. The average rejection ...
WASHINGTON — Consumer Financial Protection Bureau Director Rohit Chopra said the shortcomings of the FICO credit-scoring ...
A small group of larger players is dominating in the mortgage servicing rights market and they are paying prices for MSRs that vary increasingly widely by participant and loan type. That was among the ...