There was a decent chance that rates would have made a fairly big move today in response to the release of November’s jobs report. This is the most important economic data as far as rates are concerned and today’s was the first full release since before the government shutdown. In general, weaker employment data promotes […]
Mortgage Rates Only Slightly Lower, But Volatility Risks Remain Read More »
The Mortgage Bankers Association is standing firm on its initiatives to help lenders find credit-report cost relief with its latest call to eliminate the tri-merge purchase requirement for a segment of borrowers. Processing Content In a letter addressed to Federal Housing Finance Agency Director Bill Pulte in mid December, MBA requested that the regulator, which
MBA presses FHFA to drop tri-merge credit report rule Read More »
Bob Hart will become president of ICE Mortgage Technology on Jan. 1, as part of a corporate shuffle which will move Tim Bowler to another unit at Intercontinental Exchange. Processing Content Most recently, Hart, who joined Intercontinental Exchange as part of the Ellie Mae acquisition, was the mortgage unit’s senior vice president of business and
Bob Hart replaces Tim Bowler at ICE Mortgage Technology Read More »