Investors fear ongoing moves by the Fed and other central banks to raise short-term interest rates to fight inflation could ultimately lead to a recession
Nonbank mortgage lender Newrez says 40-year, interest-only loans will help borrowers and investors who have been priced out of today's housing market
Fed Chairman Jerome Powell hinted Wednesday that the US central bank is looking to dial back the pace of interest rate hikes as soon as the impact of increases shows up in inflation data
Opinion
Although economists expected rates to rise this year, nobody anticipated how fast they would rise. So what went wrong?
After unloading $218M in unrated residential transaction loans in June, CEO Michael Bourque said markets for such deals 'are certainly tough right now'
Homeowners in 18 states and Washington, D.C. can tap up to $500,000 in home equity by selling a share of their future home price appreciation to investors
Investment management firm acquired nonbank mortgage lender First Guaranty Mortgage as part of broader strategy to serve lower end of market
Non-QM lender fires three-quarters of its workforce, saying it's experienced 'significant operating losses and cash flow challenges' and has been unable to obtain funding
Mortgage rates may level off despite the biggest short-term interest rate hike in 20 years thanks to the certainty the Fed is providing about its plans to shrink its nearly $9 trillion balance sheet
Latest policy stance sets the stage for the Federal Reserve to start scaling back debt purchases in November
As Fed's balance sheet approaches $8 trillion, policymakers say path of the economy continues to depend on the course of the pandemic
Building on last year's Optimal Blue deal, Black Knight strengthens its secondary mortgage market offerings
The US Federal Reserve also intends to continue purchasing mortgage-backed securities, Federal Reserve Chairman Jerome Powell said Wednesday
Opinion
The jumbo market has not imploded, but economic uncertainty has led to fewer players in that space today
Justice Department says a GE subsidiary misrepresented the quality of its loans and fraud controls it had in place