Starting last Thursday, mortgage rates have barely budged. In terms of our 30yr fixed index, the maximum day-over-day change has been 0.02% since then. The past 3 business days have seen rates either hold steady or move cautiously lower. Today’s rates moved higher, but at just as slow a pace. The underlying bond market primarily […]
Mortgage Rates Edge Modestly Higher Read More »
Home equity access and artificial intelligence-powered means of reducing operational costs are two opportunities investors are prioritizing, with recent funding showered on fintechs aiming to provide solutions that specifically address those needs. Processing Content With venture capital interest re-emerging this year following a mid-decade slowdown, a series of new funding rounds in the first half
VC cash pours into mortgage fintechs betting on AI, equity Read More »
A government-sponsored enterprise has announced the winning bidder for the first package of reperforming loans it brought to market in 2026. Processing Content Pacific Investment Management Co. won the bid for the $564.63 million pool of RPLs that Fannie Mae co-marketed with Citigroup Global Markets. The second highest bid, which Fannie announced publicly for transparency
Fannie Mae names buyer of its first RPL deal in 2026 Read More »