Yields on the US’s longest-dated bonds climbed to the highest level in more than two decades, the latest milestone in a global selloff driven by inflation fears and concern about government debt burdens. Processing Content A fresh jump in oil prices on Thursday lifted five- to 30-year Treasury yields to new multiyear highs, with the […]
Bond selloff deepens after 30-year yield hits highest since 2004 Read More »
Property data provider HouseCanary Inc. filed for bankruptcy to buy time to collect more than $260 million from affiliates of Rocket Mortgage, which were accused of stealing a computer model used to quickly value homes for real estate investors and mortgage brokers. Processing Content HouseCanary filed for Chapter 11 protection Tuesday in New Jersey after
HouseCanary files bankruptcy to collect $260 million from Rocket Read More »
Industry technology provider Polly is broadening the use of agentic artificial intelligence across its mortgage capital markets platform in a move that CEO Adam Carmel said addresses a key pain-point that home lenders consider when deciding whether to change vendors. Processing Content A significant reduction in set-up time for mortgage companies adopting product and pricing
Agentic AI move slashes lender implementation time: Polly Read More »