Today’s mortgage rates are lower when compared to yesterday’s average prior to 4pm ET. Later in the afternoon, multiple lenders announced improvements as the bond market rallied in response to geopolitical headlines. If we use those later, lower rates as a baseline, today’s average is roughly unchanged. There were no major economic reports today–not that […]
Mortgage Rates Sideways to Slightly Lower Read More »
Key insight: Comptroller Jonathan Gould referenced the Office of the Comptroller of the Currency’s founding by Abraham Lincoln as the basis for federal preemption policy. Forward look: He said the OCC will continue to file briefs with federal courts on the subject so that there will be a robust record to shore up the agency’s
OCC’s Gould doubles down on state preemption Read More »
Key insight: Eight civil rights nonprofits have urged a federal court to reject a proposed settlement between the Department of Justice and developer Colony Ridge, arguing an immigration enforcement clause in the settlement is “unlawful.” What’s at stake: The underlying lawsuit targeted a “foreclosure mill” that sold undeveloped, flood-prone land to Hispanic buyers at 10%
Advocates urge judge to block $68m Colony Ridge settlement Read More »