Key insight: An executive order encouraging the Consumer Financial Protection Bureau to modify two of its mortgage rules would add a considerable load to the agency’s already overloaded agenda, and at a time when its rulemaking capacity is greatly diminished. Expert Quote: “The CFPB has a bigger agenda than they’ve ever had with a smaller […]
Mortgage order adds more rules to diminished CFPB’s load Read More »
After a somewhat hopeful day on Wednesday, mortgage rates are back to their same old tricks on Thursday. The tricks in question involve following the broader market reaction to the Iran war which has caused significant and almost exclusive upward movement in interest rates for the entire month of March. Average 30yr fixed rates have
Rates Leap to Another Multi-Month High Read More »
Better Home & Finance, the parent company of Better.com, is partnering with Coinbase to launch token-backed down payments for conforming mortgages. Processing Content Americans who qualify for a mortgage with Better will be able to use Bitcoin or USD Coin as collateral to fund their down payment through a private loan, the company announced in
Better, Coinbase allow tokens to support conforming loan Read More »