Jackson Hole is a place in Wyoming, but it’s also shorthand for an annual event where various central bankers get together and talk about monetary policy. The Fed Chair almost always delivers a speech and that speech occasionally causes volatility in the bond market. This year was a classic example. Fed Chair Warsh’s speech focused […]
Mortgage Rates Jump to 3-Week Highs After Jackson Hole Speech Read More »
Homebuilding giant Lennar Corp. and its affiliated mortgage subsidiary are seeing the number of potential class action lawsuits surge after revelations this month of two separate data breaches with over 350,000 potential victims. Processing Content The rising volume of legal complaints is the latest example of the financial and reputational risk mortgage companies might incur
Lennar lawsuits point to rising cyber liabilities for lenders Read More »
The newly formed Real REMAX Group will no longer be investing in the growth of its Motto Mortgage franchise system, with its sights set on a more unified mortgage platform, the company confirmed with National Mortgage News. Processing Content The move threatens independent mortgage banks and outside loan originators who rely on real estate agents
Real REMAX strategy shift threatens independent originators Read More »