Holding the line on interest rates can be good for originators overall, but might have some negative impact in markets with tight inventory
The Fed will likely hold the line on short-term interest rates at its meeting next week
NAR reported year-over-year pending home sales were up 1%, the first year-over-year increase in 11 months. Meanwhile, markets are unsure what the Fed will do about ending QE.
Financial markets have stopped their hysterics for now, so let’s get some other things straight, like mortgage and credit.
It may have been a while coming, but the regulator has finally spelled out a number of changes to its rules, including QM loan requirements.
When it comes to assessing annual performance, brokerages are tempted to point at hard data like their annual volume. But small businesses can be measured by a much wider range of factors, which may have more long-term relevance. Here is our seven-step checklist for small business survival.
Uncertainty dominates the stock markets, and industry expert David Shirmeyer suggests locking all loans now.
The two commissioners who voted against the long-delayed mortgage rule offered some colorful criticism to their colleagues.