National mortgage subservicer LoanCare has named Amy Jones chief information officer, with Jones set to oversee the company’s technology and digital strategies. Jones will lead the company’s technology initiatives, including investments in artificial intelligence-enabled tools aimed at improving operational efficiency, managing compliance risk and enhancing the borrower experience. She has more than 20 years of […]

Mortgage rates have moved north of 7% and are poised to remain there for the foreseeable future. And a more expensive climate for borrowers has pushed lenders to reduce their originations forecasts for the next year. At HousingWire‘s Mortgage Rates Center on Tuesday, published rates for 30-year conforming loans averaged 7.32%, up 4 basis points

Mortgage rates didn’t move much on Tuesday, but at least it was in the right direction. Perhaps more exciting is the fact that the average lender is now at the lowest levels in a week with top-tier 30yr fixed rates at 7.17% versus 7.19% yesterday. This matches September 14th’s rates. Before that, you’d have to