National Mortgage Professional, Oct. 28, 2024–Lew SichelmanA pair of technology innovators in the student loan field are at MBA Annual this week searching for a few lenders to participate in …
Category: Top National News
MBA Predicts Profitability, But With Challenges Ahead
National Mortgage News, October 28, 2024–Bonnie SinnockThings aren’t perfect in mortgage banking, but the industry has come a long way from where it was in 2023, according to members of …
Where Baby Boomers are Buying the Most Homes
Stacker, October 28, 2024–Jaclyn DeJohnSmartAsset examined 2023 mortgage data for 40 of the largest U.S. metro areas to determine where baby boomers are buying homes at the fastest rate relative …
New MBA Chair: “Education is Critical”
National Mortgage Professional, Oct. 28, 2024—Katie JensenThe Mortgage Bankers Association swore in a new Board of Directors during its 2024 Annual Convention & Expo over the weekend. Laura Escobar was …
JPMorgan CEO Jamie Dimon Says ‘It’s Time to Fight Back’ on Regulation
Reuters, October 28, 2024–Tatiana Bautzer and Nupur Anand JPMorgan Chase CEO Jamie Dimon blasted several major U.S. regulatory initiatives on capital rules, card payments and open banking at a conference …
Housing Inventory Fell Last Week. Have Sellers Called it Quits?
HousingWire, October 26, 2024–Logan MohtashamiSince mid-2022 when mortgage rates headed higher, two facts have been apparent: new listings data has been trending at the lowest levels ever recorded in history …
Now That Interest Rates are Going Down, Here’s What to Expect for the Rest of the Year
HousingWire, October 25, 2024–Victor KuznetsovThe strongest market agitator in the first half (H1) of 2025 is not likely to be either U.S. unemployment or inflation caused by monetary or fiscal …
MBA Challenges RESPA Section 8 In New White Paper
National Mortgage Professional, Oct. 25, 2024–Katie JensenThe Mortgage Bankers Association’s new white paper, published Thursday, takes issue with section 8 of RESPA.Click here for more
Here’s Why Mortgage Rates are Rising After the Fed’s Rate Cut
CNN, Oct. 25, 2024–Bryan MenaS mortgage rates rose again this week, the fourth-straight weekly increase. That rise in borrowing costs has undone some of the relief Americans felt this summer …
Mortgage Rates: Why They Spiked, Why They Fell And What’s Next For Buyers
Forbes, Oct 25, 2024–Robin Rothstein and Caroline BasileAfter skyrocketing during and after the pandemic, mortgage rates are down more than 1% from their October 2023 peak. But what’s behind this …