Mortgage lenders set rates around 10am ET every day, but the bond market dictates the day to day changes, and bonds were on the move throughout the overnight trading hours. Granted, the movement wasn’t extreme, but much like yesterday, it suggested a bit of optimism heading into this morning’s main event: the release of July’s […]

The White House is considering throwing its weight behind a push to increase a capital gains tax exemption for primary home sales and cut levies on investments ahead of the midterm election — changes that would disproportionately flow to some of the wealthiest US households. Processing Content National Economic Council Director Kevin Hassett and Fox

Newrez has agreed to a $15.5 million settlement with state regulators over allegations it wrongly imposed force-placed insurance on thousands of borrowers who already had homeowners’ policies. Processing Content The Conference of State Bank Supervisors announced the deal Wednesday, which includes $4,511,242 in remediation for affected homeowners. The servicer will pay a $9.9 million administrative