Real estate is at a ten year high, according to one veteran, and set for a slight correction. This one mortgage segment will benefit, though
Many assumed that if Richard Cordray quit the CFPB to run for Ohio governor, other Democratic candidates would step aside. That doesn’t seem to be the case
The head of a banking industry group says that mortgage brokers are part of a 'shadow banking industry' that isn't well-regulated. He also claims that it's 'bad news' when borrowers go to 'these types of financial providers.' What do you think?
Stock markets were down this morning, and job openings increased to 4.67 million in May. This and more in today's rate snapshot
Most lenders don't adequately pursue self-sourcing to achieve successful results; those that do, however, are richly rewarded
The commissioner of the FHA is leaving to take a professorship in what MBA head David Stevens is calling 'a great loss for the industry'
Delinquencies were down for the fifth straight quarter, reaching their lowest level in nearly seven years
The stock market opened strong this morning, and MBS were up 6 basis points from Friday's close. This and more in today's rate snapshot