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US Treasuries trimmed early losses after a $70 billion auction of new five-year securities lured solid investor demand. The yield on 10-year benchmark Treasuries was up about three basis points following Wednesday’s sale, after earlier climbing more than five basis points.  READ MORE: Home-refinancing gauge falls to three-month low as rates near 7% The shift […]

The Mortgage Industry Standards Maintenance Organization has made two editions of its reference model, one an update and the other a new version, available for industry use. Its Version 3.6 Reference Model was released in 2023, and in a statement contained in MISMO’s 2022 annual report, then-President Seth Appleton called it “foundational to the way

Influential government-related mortgage investor Fannie Mae will be partnering with Palantir, a company involved in introducing more artificial intelligence to financial services, as its regulator and conservator steps up its fight against fraud. Peter Thiel, who owns stakes in Trump administration ally Elon Musk’s companies, founded the AI firm that will be helping identify patterns