Analysts from Keefe, Bruyette & Woods (KBW) say that United Wholesale Mortgage (UWM) may be better off after losing its bid for Two Harbors Investment Corp. They argue that the failed acquisition removes leverage risk and increases the likelihood of a dividend cut that could strengthen the company’s balance sheet. In a flash note released […]
UWM likely better off after losing Two Harbors deal, KBW says Read More »
Last month, Florida homebuyers Jeff and Melissa Efron filed a lawsuit challenging a $475 transaction fee they were charged by their broker Compass upon the close of their August 2024 home purchase. While it may seem surprising that consumers are willing to risk tens of thousands of dollars in legal fees over a fee totaling
A $475 Compass fee could put brokerage transaction charges in the legal crosshairs Read More »
Volatility is always a risk surrounding 3 day holiday weekends when it comes to markets and mortgage rates, but this time around, things have been very calm. The average top-tier 30yr fixed rate remained almost perfectly flat versus last Thursday with the MND index technically falling by 0.01%. This week’s calendar of scheduled events is
Mortgage Rates Start New Week Flat Read More »