The CFPB can go ahead with plans — announced in April — to fire 90% of its staff, a federal appeals court panel ruled on Friday. The U.S. Court of Appeals for the D.C. Circuit found that “the district court lacked jurisdiction to consider the claims predicated on loss of employment, which must proceed through […]

Friday proved to be the weakest day of the week for the underlying bond market and, thus, the highest day of the week for mortgage rates. Retail sales data was generally stronger than expected, especially when considering revisions and when focusing on the “core” numbers that strip out more volatile categories such as autos/fuel and

ICE Mortgage Technology is putting off the planned sunset of the Encompass SDK system, according to a memo provided by the company to National Mortgage News. SDK is shorthand for software development kit. It, along with certain other legacy systems, were supposed to go away on Oct. 31. ICE first announced the transition in September