It ended up being a remarkably uneventful day for mortgage rates. Some lenders were slightly higher than yesterday. Others were roughly unchanged. The difference came down to whether the lender in question raised rates yesterday afternoon. What does this mean? Lenders prefer to set rates once per day around 10am ET. But if the underlying […]
Mortgage Rates Sideways to Slightly Higher Read More »
A group of state attorneys general, led by Oregon and New York, are suing the Office of the Comptroller of the Currency over its rule quashing laws requiring banks to pay interest on mortgage escrow accounts. Processing Content The suit was filed in the U.S. District Court in Oregon, seeking to prevent OCC from implementing
States sue OCC over mortgage escrow interest pre-emption Read More »
Rocket Cos. CEO Varun Krishna will be applying his finance and technology expertise in a new venture outside of the mortgage industry as he joins the board of directors at Southwest Airlines. Processing Content Southwest executives highlighted his current and past strategic leadership experience at digital and customer-centric enterprises, citing them as key strengths that
Rocket CEO gets onboard Southwest Airlines as a new director Read More »