NewDay USA hit with $2.25 million fine for deceiving military borrowers
Aug 31, 2024“NewDay USA baited veterans and military families into cash-out refinance mortgages by hiding the true costs of these loans,” CFPB...
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Most Recent Mortgage News
Mortgage
UWM-backed study compares wholesale and retail origination savings
Aug 30, 2024United Wholesale Mortgage has shared a study of public data backing its “brokers are better” mantra, sharing some math describing...
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Mortgage
IPPR – Mortgage Strategy
Aug 29, 2024The Chancellor is being urged to raise capital gains tax to the same level as higher rate income tax to...
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Mortgage
Rocket Mortgage Unveils New 2-1 Rate Buydown for Lower Income Home Buyers
Aug 28, 2024In an effort to boost affordability for those most in need, Rocket Mortgage has launched a new program called “Welcome...
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Mortgage
CEO on what’s essential for brokers and loan officers
Aug 27, 2024Executive talks finding opportunity in current market Disclaimer: This story is auto-aggregated by a computer program and has not been...
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Mortgage
Powell’s pivot leaves traders debating size, path of rate cuts
Aug 26, 2024Now that Federal Reserve Chair Jerome Powell has made it crystal clear that interest-rate cuts are coming next month, bond...
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Mortgage
Accord reduces rates on resi loans by up to 35bps – Mortgage Strategy
Aug 25, 2024Accord Mortgages will cut residential fixed-rate offers by as much as 35 basis points on up to 95% loan-to-value products...
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Mortgage
How Does Real Estate Commission Work Now?
Aug 24, 2024In the not-so-distant past, aka before August 17th, 2024, real estate commissions worked a lot differently. Or at least the...
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Mortgage
Fed ready to start cutting rates, says Powell
Aug 23, 2024Lowering rates, he added, would likely offer a way for the economy to return to the Fed’s 2% inflation target...
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Mortgage
Existing-home sales increase for first time in five months
Aug 22, 2024U.S. sales of previously owned homes rose in July for the first time in five months, suggesting the housing market...
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