Mortgage rates were unchanged as the markets await what Federal Reserve Chairman Jerome Powell will say on Friday. At the same time, a 10-basis point rise in the 10-year Treasury between Aug. 13 and Aug 18 was partially reversed by two days later in anticipation of a speech possibly hinting at September Fed Funds Rate […]
Mortgage rates remain flat as markets wait for Powell speech Read More »
If you tried to buy a home a few years ago, you probably still remember the frenzy. Homes were listed one day and gone the next. Sometimes it only took hours. You had to drop everything to go and see the house, and if you hesitated even slightly, someone else swooped in and bought it
From Frenzy to Breathing Room: Buyers Finally Have Time Again Read More »
Mr. Cooper can finish what Homepoint started and seek damages from a small lender over a repurchase request, a federal judge has ruled. The massive lender and servicer which purchased Home Point Financial in August 2023 did not indicate in court filings nor a statement whether it would pursue the lingering case against Pennsylvania-based Amres
Mr. Cooper cleared to revive Homepoint repurchase suit Read More »