Mortgage Industry News
Mortgage Application Activity Slows Down
The seasonally adjusted Purchase Index dipped by a scant 0.1% from one week earlier. Continue Reading Mortgage Application Activity Slows Down
Massachusetts in Settlement with Franklin Credit Over Zombie Second Mortgages
Franklin Credit will make a monetary payment of $300,000 to the state Continue Reading Massachusetts in Settlement with Franklin Credit Over Zombie Second Mortgages
CMHC Chief Romy Bowers Leaving for IMF Position
Bowers joined CMHC in 2015 as the agency’s chief risk manager and took on the chief executive duties in 2020. Continue Reading CMHC Chief Romy Bowers Leaving for IMF Position
Cenlar Taps David Schneider as President
Schneider joined the company earlier this year as chief financial officer. Continue Reading Cenlar Taps David Schneider as President
Mortgage Rates Keep Climbing to the 8% Mark
The 30-year fixed-rate mortgage averaged 7.79% as of Oct. 26, up from last week when it averaged 7.63%. Continue Reading Mortgage Rates Keep Climbing to the 8% Mark
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