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Related Articles
Be careful what you wish for when you nominate someone to accomplish a specific task.It’s no secret that President Donald Trump selected Kevin Warsh as Fed chair to cut rates, something he hoped would lead to lower mortgage rates as well.But thus far, Kevin Warsh has done more harm than...
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Mortgage activity increased last week, as rates held steady in the mid-6% range, the Mortgage Bankers Association found. Processing ContentThe MBA's Market Composite Index, a measure of mortgage loan application volume, increased 0.4% on a seasonally adjusted basis from one week prior for the week ending June 26, 2026. The Index...
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Fees for Veterans Affairs interest rate reduction refinancing loans (IRRRLs) could nearly triple if Congress passes the Take Care of America's Veterans Act as currently proposed.Processing ContentThe bill has been introduced in both the House and Senate, with the lead sponsors being Rep. Mike Bost, R.-Illinois and Sen. Jerry Moran,...
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Home equity investment platform Hometap is facing a surge of litigation from its customers over its shared-appreciation contract product that litigants describe as "predatory and abusive."Processing ContentConsumers accuse Hometap of violating the Truth in Lending Act, for failing to treat their product as a mortgage loan. The recent cases create...
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