Mortgage rates rose for the third straight day on Tuesday with the average top-tier 30yr fixed rate moving up a modest 0.02% to 6.75%. Notably, the bond market was actually in slightly better shape compared to yesterday–something that would normally be good news for rates. So what’s the catch? As is often the case when […]
Mortgage Rates Continue Higher Despite Bond Market Improvement Read More »
The 2026 consolidation wave picked up noticeable steam this month, and four new deals this week alone illustrate how far the merger-and-acquisition trend has extended to businesses across the entire home finance spectrum. Processing Content With a steady stream of deals announced from week one this year, the M&A trend continues unabated in the summer
Merger mania unites verification, appraisal and broker firms Read More »
Penetration of the VantageScore 4.0 model into the mortgage market has continued to increase, helped by a July spike, but still remains comparatively low, a Keefe, Bruyette & Woods report found. Processing Content Furthermore, the primary users of VantageScore so far are the two largest mortgage companies in business, United Wholesale Mortgage and Rocket. In
UWM, Rocket drive early VantageScore 4.0 adoption, others lag Read More »