Lower mortgage rates are spurring housing demand
Without the recent tariff developments, the 10-year yield would not have dipped below 4% and mortgage rates would be higher.
Mortgage
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Mortgage software firm RETR hires two executive leaders
Heidi Iverson is the company’s new vice president of growth and Anthony Savala is the new vice president of sales. Both are joining the firm effective April 7, RETR co-founder and CEO Steven Wynands said.
The lean, mean (illegal?) 1099 LO machine
A revealing look into the high-stakes (and legally murky) world of 1099 loan officers, recruiter tactics, and what some see as a blatant end-run around LO Comp rules.
Mat Ishbia’s unfiltered thoughts on the Rocket-Mr. Cooper deal
What does UWM’s Mat Ishbia think about Rocket Companies’ pending $9.4 billion deal for Mr. Cooper? “It’s fantastic,” he said.
Dave Lykken explores the boom-bust mortgage cycle
In the newest episode of the Power House podcast, mortgage industry veteran Dave Lykken joins host Diego Sanchez live from HousingWire’s Housing Economic Summit.
Federal judge orders CFPB to reinstate terminated employees
Judge Amy Berman Jackson of the U.S. District Court for the District of Columbia issued her ruling in conjunction with a lawsuit brought by the National Treasury Employees Union.
Federal banking agencies seek to rescind 2023 CRA rule
The Federal Reserve, OCC and FDIC say they intend to restore the framework of the Community Reinvestment Act to its prior state.
Homebuyers made record down payments in 2024
For all of 2024, buyers put down an average of $29,900, or 14.4% of the purchase price, marking the highest figures since tracking began.
CFPB staffer alleges misconduct in Townstone redlining suit
New CFPB leadership allegedly uncovered what attorneys call targeting of Townstone Financial based on its speech.
Pulte terminates SPCPs, issues recision of UDAP bulletin in slew of orders
Bill Pulte posted several FHFA policy changes to his X account early this week, including a recission of UDAP enforcement.