Trump administration makes its case for massive CFPB job cuts
Judge puts a temporary hold on DOGE-driven move to fire all but 200 of the Consumer Financial Protection Bureau's 1,700 employees to determine if it could still fulfill its statutory duties
by Matt Carter Apr 18
Democrats question legality of Fannie, Freddie board purges
Less than 4 days after being confirmed as head of the mortgage giants' federal regulator, housing scion Bill Pulte fired 14 board members and made himself the chair of both companies
by Matt Carter Apr 16
Home price appreciation seen as cooling as inventories grow
Experts surveyed by Fannie Mae expect national home prices to slow to 3.4% this year. Median list prices are down by 10% or more from a year ago in 69 markets
by Matt Carter Apr 15
'MAGA world's premier financier' joins Fannie Mae board of directors
Omeed Malik, founder of investment bank Farvahar Partners and venture capital firm 1789 Capital, is a business partner of Donald Trump Jr. and is also said to be a 'close friend'
by Matt Carter Apr 15
Rocket bucks tariff stock market selloff on prospects for growth
Lower mortgage rates could help lenders do more business, and investment analysts like Rocket's plans to acquire real estate brokerage Redfin and loan servicing giant Mr. Cooper
by Matt Carter Apr 4
Rollout of new mortgage credit scoring models pushed back
Plan to require lenders working with Fannie and Freddie to use FICO Score 10 T and VantageScore 4.0 models by Q4 2025 has been dropped, with new implementation date 'TBD'
by Matt Carter Jan 17
Portals and disruptors are eyeing the future of mortgage markets
The companies that can afford to, including Zillow, are aggressively growing MLO headcount in order to capture future market share, Mike DelPrete writes
by Mike DelPrete Nov 14
Rocket Mortgage now pricing loans of up to $750,000 as conforming
The move could help qualifying borrowers avoid taking out a jumbo mortgage at a higher rate as Rocket gets a jump on an expected increase in Fannie Mae and Freddie Mac's 2024 loan limits
by Matt Carter Oct 2
Better cuts mortgage sales team 2 weeks after $500M SPAC raise
The lender has become more reliant on its B2B channel, with partnerships alongside companies like Ally Bank and American Express accounting for nearly half of its mortgage originations
by Matt Carter Sep 25
April is Mortgage and Alternative Finance Month at Inman
This month, we'll talk to mortgage leaders about where the market is headed and how products are evolving
by Inman Mar 1
What agents need to know about mortgages during (and after) COVID-19
As experts and advisers, real estate agents have always played an important role for homebuyers. But it’s clear that during the coronavirus era, they have even more responsibility to educate clients on what's happening in today's market
by Salomon Chong Jun 30
Mortgage rates inch back slightly, yet remain mostly flat since spring
Stability in borrowing costs comes despite the highest core inflation rates since 2008, according to Freddie Mac survey
by Patrick Kearns Aug 16
New-home applications fall as summer season slips away
Drop in loan applications for newly built homes in line with overall slowdown in purchase mortgage market, MBA says
by Amy Tankersley Aug 14
Mortgage delinquencies and foreclosures persist in May
Black Knight offers early look at May mortgage data, and it’s not good news
by Amy Tankersley Jun 26