Trump looks to South Korea to bring down mortgage rates
Overseas investors hold about $1.36T in US mortgage debt, with Japan, China, Taiwan and Canada accounting for 61% of that total. South Korea ranks 10th with $36.5B invested
by Matt Carter Jun 13
HUD, FHA staffing cuts would undermine housing, union warns
Trump administration silent on details but disputes the accuracy of a Feb. 18 report by Bloomberg Law that at least 40% of FHA's workforce are set to be laid off as part of cost-cutting initiatives
by Matt Carter Feb 20
Homepoint selling wholesale business to The Loan Store
Parent company Home Point Capital to take an equity stake in The Loan Store, with Homepoint executive Phil Shoemaker to be installed as CEO when the deal closes by end of Q2
by Matt Carter Apr 7
What happens when 'meme traders' go after mortgage stocks?
Rocket Companies and LoanDepot briefly followed the trajectory of GameStop this month, seeing share prices spike simply because jokey online traders targeted their shares
by Jim Dalrymple II Mar 5
Wall Street
As the Dodd-Frank Act has made lending regulations more rigorous, other entities are getting in on the action
by Octavio Nuiry Nov 1