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Related Articles
Three Sun Belt states reported the worst foreclosure rates in August at the same time national repossessions saw a significant spike, pointing to specific regions and pain points servicers will want to address.Processing ContentNationwide, one in every 3,569 properties, representing 40,277 units, recorded a new default notice, scheduled auction or...
2026-09-17
Key insight: Fed Chair Kevin Warsh said he follows bond markets and believes they give important signals, but he said the central bank is not beholden to them.Expert quote: "Consider the geopolitical landscape of shocks and uncertainty, and you begin to appreciate the resilience of the U.S. economy. Given that...
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Federal policymakers' confirmation of a 25 basis point tightening in short-term rates aimed at quelling inflation gave home lenders that had already priced in this possibility a brief counterintuitive respite Wednesday afternoon.Processing ContentLong-term home loan rates initially ceased their rise and declined by 0.125% to .25% shortly after the 2...
2026-09-16
The two remaining large non-bank mortgage lenders that boost their conforming limits well in advance of the Federal Housing Finance Agency's annual announcement have gone even higher than the competition in raising their preliminary thresholds.Processing ContentThe move comes as the Mortgage Bankers Association Weekly Applications Survey Market Composite Index for...
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