Higher mortgage rates will weigh on second-quarter originations and third-quarter guidance for nonbank lenders, even as slower prepayments bolster servicing income, BTIG analysts said in a report issued Monday. Earnings season will start on Tuesday with Wells Fargo and JPMorgan Chase, giving investors something to chew on before the publicly traded nonbanks deliver their results […]

Meridian Title Corp. has acquired IN Title Company, expanding its presence in Indiana and growing its network to 43 offices across Indiana and Michigan. IN Title Company, which serves Delaware and Henry counties, will continue operating with its existing team while gaining access to Meridian’s technology, resources and expanded title service offerings. According to Jim

Interest rates are based on bonds. Because the bonds underlying the average mortgage are fixed rate, inflation is the enemy. Imagine you’re an investor fronting the money for a fixed-rate mortgage. You know your schedule of payments from day one. Let’s say the payment is $5 or enough to buy a dozen eggs.  Now let’s