The transaction includes about 123 loans and is expected to close by August
Refi activity also rose to 46.6% of total mortgage applications from 45.4%
The refi boom may be over, but there are still refinances out there. Originators just need to adjust their refi marketing strategy
The question on many loan originators lips is: "Why aren't people buying?" There are lots of answers to that question, some carrying more weight than others
In an answer to investors who want Fannie and Freddie reprivatized, a Treasury official says that truly rehabilitating the companies would take 20 years -- and in the meantime, taxpayers would be on the hook to bail them out in another downturn
Early trades had MBS prices lower today, and markets were rattled on news that militants in Iraq were gaining control of northern cities. All this and more in today's rate snapshot
Companies that can't communicate why they're in business face long odds for survival
If you could make anonymous confessions about your working day, what would you say?