The 10-year Treasury yield, one of the benchmarks used for pricing 30-year fixed rate mortgages, closed just shy of 4.8% on Sept. 1, its highest point since Jan. 14, 2025, according to Yahoo Finance. Processing Content The bond market was already unsettled heading into Federal Reserve Chair Kevin Warsh’s speech last Friday in Jackson Hole, […]
Rising bond yields drive lenders to adjust priorities Read More »
Key insight: House Republicans are proposing to overhaul the CFPB’s funding structure. What’s at stake: The package includes a number of reforms wanted by banks, including limiting some of the bureau’s authority to regulate “abusive” practices and providing a safe harbor for some small dollar lending products offered by depository institutions. Forward look: The package
House Republicans debut CFPB reform package Read More »
Stewart Information Services has acquired two more companies in line with its goal to expand offerings for housing finance players that manage mortgage assets on a long-term basis. Processing Content The acquisitions of ProTitleUSA and its document services affiliate follows a string of other mortgage-related transactions at Stewart, including the purchases of Lawyers Signature Settlements,
Stewart deepens servicing involvement with new acquisitions Read More »