Mortgage lock desks using Optimal Blue’s pricing system can now submit eligible best-efforts commitments to Fannie Mae without entering the loan again in the agency’s separate whole-loan portal, the company announced Monday. The connection links Optimal...
Joe Tyrrell, chief executive of mortgage technology provider Optimal Blue, has joined the Mortgage Bankers Association’s board of directors for the association’s 2027 membership year. Optimal Blue announced the appointment October 11 and said Tyrrell was...
Cleveland Federal Reserve President Beth Hammack said Monday that monetary policy needs to remain restrictive to bring inflation back to the central bank’s 2% target, arguing that smaller adjustments made relatively quickly may be preferable to waiting until larger...
Mizuho downgraded Fannie Mae and Freddie Mac on Monday, cutting its price targets roughly in half as the investment bank lowered its expectations that the two mortgage-finance companies will emerge from federal conservatorship by 2028.Analyst Dan Dolev and colleagues...
U.S. pending home sales fell 4% in September from August, their steepest monthly decline in more than three years, according to new figures released Monday by Redfin. The brokerage said the number of homes going under contract was the lowest for any month since spring...
Texas Man Agrees to Plead Guilty in $1.5 Million Vacant-Land Deed Fraud Cas…
