Jackson Hole is a place in Wyoming, but it’s also shorthand for an annual event where various central bankers get together and talk about monetary policy. The Fed Chair almost always delivers a speech and that speech occasionally causes volatility in the bond market. This year was a classic example. Fed Chair Warsh’s speech focused […]
Mortgage Rates Jump to 3-Week Highs After Jackson Hole Speech Read More »
Citizens Bank is suing SoFi Bank for poaching its loan officers and loan pipelines, in a new lawsuit that shows the fight for mortgage talent and business remains intense. Processing Content The Rhode Island-based bank is accusing its fintech competitor of racketeering, for allegedly inducing over 30 LOs and other mortgage staff to breach their
Citizens sues SoFi as fights over talent, pipelines persist Read More »
Credit score modernization overseen by Federal Housing Finance Agency Director Bill Pulte has taken time to implement and the next tier of lenders considering it may need more, but there is one step they can immediately take. Processing Content The whole loan market is already beginning to respond as government-sponsored enterprises that buy many mortgages
Pulte moves give whole loan sellers reason to act on VS4 Read More »