After ending last week near the lowest level since July 17th, mortgage rates are moving up to start the new week. Motivations are familiar. Escalation in U.S./Iran tensions is pushing fuel prices higher and bond yields continue to correlate. Bond yields correlate with consumer interest rates with near perfection. In mortgage-specific terms, the average top-tier […]
Mortgage Rates Start Week Higher Read More »
Better Home & Finance is asking former CEO Vishal Garg to stop his efforts to regain his position, while accusing him of unlawful solicitation. Processing Content In a press release Monday, the company said its founder aggressively solicited shareholders in an effort to gain their support, doing so by misrepresenting facts and in a way
Better accuses former CEO of unlawful solicitation Read More »
Trends in how Fannie Mae and Freddie Mac’s legacy shares trade are similar, but there is some variation in views of the two that recent investor disagreement over their prospects highlights. Processing Content Jon Oksenholt, who holds more of Freddie’s shares, recently took issue with Pershing Square’s assessment of the two government-sponsored enterprises late last
Investor debates Fannie Mae, Freddie Mac valuations Read More »