FICO (NYSE: FICO) announced it has reached an agreement with the Federal Housing Finance Agency (FHFA) for the release of the FICO Score 10T data to the government-sponsored enterprises Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC). FICO said the three credit...
Bayview Asset Management, a global investment management firm with approximately $36.1 billion in assets under management, announced that its Bayview MSR Opportunity (U.S.) Master Fund LP, has completed its $1.3 billion all-cash acquisition of Guild Holdings Company...
Mortgage rates dived ahead of the Thanksgiving holiday, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate averaged 6.23% as of Nov. 26, down from last week when it averaged 6.26%. A year ago at this...
Mortgage application activity was stagnant for the week ending Nov. 21, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, inched up by a scant 0.2% on a seasonally adjusted...
Rep. Eric Swalwell (D-CA) has filed a lawsuit against Bill Pulte, the director of the Federal Housing Finance Agency, accusing him of violating the First Amendment and the Privacy Act of 1974 in his criminal referral to the Department of Justice that alleged the...
The national mortgage delinquency rate fell by 7 basis points (bps) in October to 3.34%, down 11% year-over-year and down 53 bps from the October 2019 pre-pandemic benchmark, according to a data report from ICE Mortgage Technology, a division of Intercontinental...
