“Bond vigilantes” figure “no matter which party wins the White House and the Congress, fiscal policies will bloat the budget deficit and heat up inflation,”…
Posts published in “Mortgage”
Deal to acquire Flagstar’s mortgage servicing business and correspondent lending platform is projected to grow Mr. Cooper’s servicing portfolio to $1.59 trillion. Source: Inman News
MBA lender survey shows demand for purchase loans is still slightly stronger than it was a year ago, when rates were soaring toward post-pandemic highs. …
Costa Mesa, California-based provider of debt consolidation loans saw most of its business dry up last year and was evicted from its headquarters in May,…
Prosecutors allege appraisal that erased $220,000 from Denver duplex’s value discriminated against Black owner and thwarted her attempt to refinance at lower rates. Source: Inman…
Another worry for bond market investors is “quantitative tightening,” the Fed’s program to trim its massive holdings of government debt and mortgages. Source: Inman News
A majority of the 1,200 Flagstar employees being let go in $1.4 billion sale of the company’s mortgage servicing business will be offered the opportunity…
Fannie Mae economists say surprising strength of the U.S. economy means home prices are likely to keep rising, and mortgage rates may not come down…
Looking for a way to differentiate the service you provide to buyers? Luke Babich writes that a top-down knowledge of down payment assistance programs in…