On average, today’s top-tier 30 year fixed mortgage rates are exactly the same as yesterday’s. Rates are driven by the bond market and bonds continue waiting for bigger developments in the Iran war. At the moment, the market is in a sort of limbo as time remains on the 2-week ceasefire. In the meantime, there’s […]
Mortgage Rates Hold Perfectly Steady Read More »
Federal officials are ordering a community bank and national mortgage lender to investigate and take corrective action over alleged misconduct that targeted Department of Veterans Affairs borrowers. Processing Content In a consent order filed in early April, the Office of the Comptroller of the Currency accused The Federal Savings Bank, a Chicago-based depository institution specializing
Regulator: Bank misled veterans on VA loan refinances Read More »
Independent mortgage bankers posted their highest origination profitability in four years in 2025, though returns remained well below levels seen in most years from 2009 to 2021, the Mortgage Bankers Association found. Processing Content Furthermore, the growth in the production segment’s financials was largely offset by a drop in net servicing financial income versus 2024.
IMB profitability hits 4-year high in 2025, MBA finds Read More »