As of last Friday, average top-tier mortgage rates hit their lowest levels since July 20th. If they’d managed to drop even 0.01% today, it would have been a new 3-week low.  As it stands, rates moved modestly higher in response to higher oil prices. Throughout the Iran war, oil and rates have had a broadly […]

UWM Holdings has gone ahead and sued Two Harbors Investment over their failed merger transaction as alluded to by Mat Ishbia, chairman, CEO and president, on last week’s earnings call. Processing Content The filing, which HousingWire reported on earlier, was made in the U.S. District Court of Maryland and alleges willful breach of contract and

Credit ratings and equity researchers are generally moderating their view of public nonbank mortgage companies as earnings get reported, but they foresee outlooks potentially stabilizing if they address certain market changes. Processing Content For one, while some origination volume numbers did get somewhat of a seasonal lift in and a bit of a reprieve in