• Rate Snapshot: Yellen testifies, mortgage apps up by MPA

    Yellen testifies before Congress and mortgage applications are up 5.3% from a week earlier. Despite an improving purchase market, however, volume is still running well below last year's pace. This and more in today's rate snapshot

  • UPDATE: FHFA exec arrested for threatening to shoot Ed DeMarco by Ryan Smith

    The chief operating officer of the FHFA has been charged with a felony after allegedly threatening to shoot former Acting Director Edward DeMarco

  • Focus on lower-credit borrowers paying dividends by Ryan Smith

    Carrington Mortgage Service’s announcement in March that it would increase its focus on borrowers in the sub-640 FICO range was a boon to underserved home buyers. But the decision also makes sound business sense, according to Carrington exec Raymond Brousseau


Should CFPB have more supervision over credit agencies?