Matt's Stories

In reporting a $9.9M Q4 loss Wednesday, Fathom executives reassured investors that they see a path to profitability without saying exactly when that might happen
Mar 22
Mortgage rates expected to ease even as Fed vows to continue 'quantitative tightening' that's trimming mortgage holdings by $35B a month
Mar 22
The unusually wide 'spread' between 10-year Treasury yields and 30-year fixed-rate mortgages means mortgage rates could have more room to come down
Mar 22
Fannie Mae says starting April 15, more homebuyers will qualify for a program requiring full interior and exterior inspections that capture data and images throughout the property
Mar 21
Schmidt was Mary Ann McGarry's 1st hire at Guild in 1985, and the two led a 2007 management buyout of the company from founder Martin Gleich
Mar 20
$2.7B deal does not include about $4B in crypto-related deposits held by the former Signature Bank's digital-assets banking business, according to the Federal Deposit Insurance Corp
Mar 20
Industry groups continue to object to new Fannie and Freddie fee aimed at some riskier borrowers as a burden on lenders and middle-class consumers
Mar 17
Lenders lost $2,812 per loan as business dropped off faster than they could trim expenses and production costs hit a record-high $12,450 per loan, Mortgage Bankers Association survey finds
Mar 17