The US 10-year Treasury yield surpassed 5% for the first time since 2023 on Monday, as mounting inflation angst collided with swelling government and corporate borrowing needs. Processing Content The yield, a benchmark for US mortgage loans and bonds globally, rose almost 5 basis points to as high as 5.01%, before paring much of the […]
US 10-year breaches 5% as inflation, supply worries mount Read More »
Banks are re-entering the second-lien securitization market as rates keep rising, and that means nondepositories in the space will need to manage expenses and further diversify if they want to compete. Processing Content While nonbanks have helped rebuild a growing market for home equity line of credit products that banks had withdrawn from, that trend
IMBs need to watch HELOC securitization costs as banks enter Read More »
Seller impersonation attempts at the mortgage closing table more than doubled in two years and raises warnings for lenders about the need to develop clear strategies to prevent fraudulent activity. Processing Content The surge coincides with the rise of artificial intelligence, highlighting new types of risks that come with the emergence of any technology. But
Rising seller impersonation fraud risk a worry for lenders Read More »