Most Recent Mortgage News

Fannie Mae cutting 62 positions: FHFA Director Bill Pulte

Fannie Mae cutting 62 positions: FHFA Director Bill Pulte

Fannie Mae has staged a new round of layoffs impacting 62 people viewed as working in noncore functions, according to...

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Resi first charge and BTL mortgage complaints both rise by 27%: FoS – Mortgage Strategy

Resi first charge and BTL mortgage complaints both rise by 27%: FoS – Mortgage Strategy

The Financial Ombudsman Service (FoS) has reported that residential first charge mortgages and buy-to-let (BTL) mortgage complaints both increased by...

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Soon You’ll Be Able to Pay the Mortgage with Venmo

Soon You’ll Be Able to Pay the Mortgage with Venmo

We’ve all heard about paying the mortgage with a credit card, something that wasn’t possible until very recently. It still...

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Fed preview: More cuts likely despite data blackout due to government shutdown

Fed preview: More cuts likely despite data blackout due to government shutdown

“We may see more disagreement among Fed members this time, partly due to the government shutdown,” Williamson told Mortgage Professional...

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With problems behind it, Home BancShares preps for a deal

With problems behind it, Home BancShares preps for a deal

Forward look: Home BancShares in Conway, Arkansas, has signed a letter of intent for its first bank deal in more...

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West Brom BS cuts selected 3-, 5-year rates by up to 24bps   – Mortgage Strategy

West Brom BS cuts selected 3-, 5-year rates by up to 24bps   – Mortgage Strategy

West Brom Building Society has cut rates by up to 24 basis points across a range of three- and five-year...

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Lower Inflation Paves Way for Path to 5% Mortgage Rates

Lower Inflation Paves Way for Path to 5% Mortgage Rates

Well, the delayed CPI report is out and we avoided any major drama. The report actually came in cooler-than-expected, with...

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Mortgage rates now at their lowest level this year

Mortgage rates now at their lowest level this year

“Mortgage rates continued to trend down this week, hitting their lowest level in over a year,” Sam Khater, Freddie’s chief...

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Fannie Mae names Akwaboah acting CEO, replacing Almodovar

Fannie Mae names Akwaboah acting CEO, replacing Almodovar

Fannie Mae Chief Operating Officer Peter Akwaboah has added the acting CEO title following the departure of Priscilla Almodovar, the...

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BoE’s Bailey warns of ‘alarm bells’ in private credit markets   – Mortgage Strategy

BoE’s Bailey warns of ‘alarm bells’ in private credit markets   – Mortgage Strategy

The Bank of England governor said “alarm bells” are sounding over loans in private credit markets, which have echoes of...

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