No Fed pivot in sight as Powell addresses rate cuts on 60 Minutes

February 5, 2024by

There was rampant speculation after the Federal Open Market Committee (FOMC) meeting last week about the timing and number...

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Intermediary business levels up in Q4: IMLA

February 5, 2024by

Confidence has returned to the mortgage market, with sentiment improving steadily month by month in the last quarter of...

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L&G Home Finance launches software integration with Advise Wise  

February 5, 2024by

Legal & General Home Finance has updated its software links with the Advise Wise platform, which it says allows...

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Fixed mortgage rates in Canada resume decline amid economic volatility

February 4, 2024by

After a short-lived upswing in bond yields last month that nudged some fixed mortgage rates higher, lenders are once...

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Nonbank mortgage firms lean into unsecured debt

February 3, 2024by

Nonbank mortgage companies are increasingly turning to unsecured debt as the recent rise in interest rates has heightened borrowing...

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Delinquent loans on GSE books lowest since 2019

February 3, 2024by

Loans delinquent by 12 months or more on the books of the government-sponsored enterprises fell back to near pre-pandemic...

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FHA removes mandatory mortgage branch registration requirement

February 3, 2024by

The Federal Housing Administration (FHA) on Friday announced that it has published a new final rule that eliminates a...

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Fairway exits wholesale channel

February 3, 2024by

Fairway Independent Mortgage announced on Friday that it is shutting its wholesale mortgage production operation and will now solely...

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Labor market posts huge growth

February 3, 2024by

The professional and business services sector contributed strongly to January’s labor market growth, adding 74,000 jobs, with employment in...

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