Top Headlines
Anna Paulson to Become Chief Executive at Philadelphia Fed
She succeeds Patrick T. Harker. Continue Reading Anna Paulson to Become Chief Executive at Philadelphia Fed
Rami Hasani Named CFO at UWM Holdings
He will replace Andrew Hubacker, who is moving into a senior advisor role. Continue Reading Rami Hasani Named CFO at UWM Holdings
Rocket Companies Fizzles with Q3 Loss of $481 Million
“Optimism is the ability to see the glass as half full,” said CEO Varun Krishna. Continue Reading Rocket Companies Fizzles with Q3 Loss of $481 Million
New Effort Seeks to Redirect Chicago Mayor’s $300 Million Property Tax Hike
Senior mayoral adviser Jason Lee said Johnson was willing to back “number of” revenue options in lieu of increasing property taxes. Continue Reading New Effort Seeks to Redirect Chicago Mayor’s $300 Million Property Tax Hike
Daniel Wallace Named Chief Operating Officer at Maxex
Wallace previously served as CEO of Haven Servicing. Continue Reading Daniel Wallace Named Chief Operating Officer at Maxex
Michigan Credit Union Offers Mortgages at 4.99% Rate
Michigan Legacy has more than $218 million in assets and is designated as a “low-income credit union.” Continue Reading Michigan Credit Union Offers Mortgages at 4.99% Rate
Study: Canadians Re-Evaluating Their Relationships with Lenders
56% of mortgage holders say they will explore refinancing with a different lender when it comes time to renew. Continue Reading Study: Canadians Re-Evaluating Their Relationships with Lenders
Mortgage Rates Drop to 11-Month Low
The 30-year fixed-rate mortgage averaged 6.35% as of Sept. 11. Continue Reading Mortgage Rates Drop to 11-Month Low
Mortgage Credit Availability Inched Up During August
“Mortgage credit availability increased slightly in August, driven by a small increase in ARM product offerings, which was similar to what we saw in July,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Inched Up During August
Mortgage Application Activity Up 9.2%
The seasonally adjusted Purchase Index increased 7% from one week earlier but the unadjusted index retreated by 6%. Continue Reading Mortgage Application Activity Up 9.2%
Housing Is Not a Game — It’s the American Dream
For far too long, housing has been reduced to a prop in America’s political theater. It’s the backdrop for campaign rallies, the bullet point slipped into glossy mailers, the soundbite dropped to score applause. But behind every hollow promise, real families are...
Report: 3 Trump Cabinet Members Have 2 Mortgaged Properties with Both Claimed as Primary Residences
“This is just another hit piece from a left-wing dark money group that constantly attempts to smear President Trump’s incredible Cabinet members,” said a White House spokesperson. Continue Reading Report: 3 Trump Cabinet Members Have 2 Mortgaged Properties with Both Claimed as Primary Residences
Multifamily Mortgage Lending Up 17%
More than half (53%) of the active lenders made five or fewer multifamily loans over the course of the year. Continue Reading Multifamily Mortgage Lending Up 17%
Mortgage Rates Continue to Fall
“As rates continue to drop, the number of homeowners who have the opportunity to refinance is expanding,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Continue to Fall
Mortgage Application Activity Drops by 1.2%
The FHA share of total applications increased to 19.9% from 19.1% the week prior. Continue Reading Mortgage Application Activity Drops by 1.2%













