Frank Cassidy’s tenure as Federal Housing Administration (FHA) Commissioner and Assistant Secretary for Housing in the U.S. Department of Housing and Urban Development (HUD) was brief but eventful, he told HousingWire. Cassidy joined HUD in April 2025 and was confirmed as FHA Commissioner by the Senate in December. He took a leave of absence in April and […]
Cassidy leaves FHA, cites $50 billion profit and reforms Read More »
Mortgage rates put an end to the most recent spike that followed last Friday’s jobs report. Most of the upward movement happened on Friday, but yesterday offered a modest aftershock. Those two days brought the top tier 30yr fixed rate up to 6.68 from 6.58 on Thursday. Today’s average remained perfectly flat at 6.68%. War-related
Mortgage Rates Hold Perfectly Steady Read More »
United Wholesale Mortgage is making CEO Mat Ishbia available for a deposition in a lawsuit regarding its All-In mandate, relenting after a judge’s scolding. Processing Content U.S. District Judge Terrence G. Berg found the lender in contempt Monday for repeatedly refusing to make the CEO available to testify, since the court asked UWM to do
UWM agrees to Ishbia deposition after judge’s scolding Read More »