Mortgage rates jumped sharply over the weekend as financial markets reacted to Moody’s credit rating downgrade of the U.S. News of the downgrade broke with only minutes left in Friday’s market/business day, so most of the response played out when global markets opened again late last night. The initial reaction involved stock prices moving lower […]
Mortgage Rates Briefly Over 7% Before Mid-Day Improvement Read More »
Bill Pulte, director of what has been known as the Federal Housing Finance Agency, shed light on certain plans he has for the government-sponsored enterprises during an appearance at an industry event on Monday, but deferred to President Trump on a conservatorship exit. Pulte told attendees at the Mortgage Bankers Association’s secondary market conference in
FHFA’s Pulte defers to a higher authority on conservatorship Read More »
Ingrid Ripley of the Rural Housing Service, Julie Shaffer of the U.S. Department of Housing and Urban Development, and David Sheeler of Freedom Mortgage speak May 19, 2025 in New York City at the Mortgage Bankers Association’s Secondary & Capital Markets Conference.Andrew Martinez/National Mortgage News Government mortgage officials say they’re tidying up operations following the
FHA, Rural Housing Service comment on job cuts Read More »