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A service for finance industry professionals · Wednesday, March 5, 2025 · 791,103,855 Articles · 3+ Million Readers
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Mortgage Bankers News Monitoring

  • Published on Mar 4, 2025

    Insurance, Compliance, Retention, Energy Mortgage Products; Mergers Continue; Lock Renegotiation Time?

    Insurance, Compliance, Retention, Energy Mortgage Products; Mergers Continue; Lock Renegotiation Time? Some argue that “March 4th” is the only date that is also a command (march forth), while others disagree and say that any date in March is also a command …

    Source: Mortgage News Daily - Neutral
  • Published on Mar 4, 2025

    What comes next for remote online notarization oversight?

    Remote online notarization (RON) continues to stake its claim as a critical innovation for real estate professionals and homebuyers, opening the door for faster closings and largely eliminating the need for in-person meetings. However, enhanced …

    Source: Housing Wire - Neutral
  • Published on Mar 4, 2025

    AG Mortgage Investment Trust, Inc. (NYSE:MITT) Q4 2024 Earnings Call Transcript

    AG Mortgage Investment Trust, Inc. (NYSE:MITT) Q4 2024 Earnings Call Transcript March 3, 2025 AG Mortgage Investment Trust, Inc. misses on earnings expectations. Reported EPS is $0.18 EPS, expectations were $0.19. Operator: Good day and thank you for …

    Source: Insider Monkey - Neutral
  • Published on Mar 4, 2025

    Headcount at Gilbert's businesses fell again last year 

    The company attributes the reduction in staff to increased implementation of AI technology and automation. Despite the job cuts, Rocket Companies returned to profitability in 2024 after experiencing its first full-year loss in 2023. Dan Gilbert's …

    Source: Detroit Free Press - Michigan - Label Pending
  • Published on Mar 4, 2025

    New program helps Montgomery police officers afford homes

    MONTGOMERY, Ala. (WSFA) - Montgomery City Councilmember Andrew Szymanski and Renasant Bank have teamed up to offer a program called the Community Homebuyer Loan to officers with the Montgomery Police Department. “It provides no down payment for home loans …

    Source: WSFA 12 - Alabama - Neutral
  • Published on Mar 3, 2025

    Are volatile mortgage interest rates the new normal?

    Mortgage rates have been pretty volatile lately. The average 30-year fixed-rate mortgage shot up to nearly 8% in late 2023 — a more-than-two-decade high. Rates fell to just above 6% last fall as the Federal Reserve started cutting short-term interest rates …

    Source: Marketplace - Public Broadcaster
  • Published on Mar 3, 2025

    Musk's DOGE layoffs and Trump reforms create strife for mortgages

    Enjoy complimentary access to top ideas and insights — selected by our editors. Sweeping regulatory proposals from President Donald Trump and the growing presence of Elon Musk's Department of Government Efficiency have shaken up the mortgage industry, …

    Source: National Mortgage News - Label Pending
  • Published on Mar 3, 2025

    Lenders One Unites Members and Providers to Help Drive Profitability and Celebrate 25 Years of Success

    CANCUN, Mexico, March 03, 2025 (GLOBE NEWSWIRE) -- Lenders One® Cooperative (“L1” or “Lenders One”), a national alliance of independent mortgage bankers, banks and credit unions (collectively “members”), managed by a subsidiary of Altisource Portfolio …

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  • Published on Mar 2, 2025

    What is the average monthly mortgage payment?

    A monthly mortgage payment actually consists of several things. It includes the principal and interest on the loan, as well as additional items held in escrow accounts, such as homeowners insurance and property taxes, and any HOA fees. What is the average …

    Source: KWTX 10 - Texas - Neutral
  • Published on Mar 2, 2025

    Ferguson-Florissant school board members apologize for financial mess. ‘Shame on me.’

    ST. LOUIS COUNTY — Ferguson-Florissant school board members have apologized for not paying closer attention to district finances and claim they were misled by administrators, as they explore cuts to stem a multi-million-dollar shortfall. The district has …

    Source: St. Louis Post-Dispatch - Missouri - Neutral
  • Published on Mar 1, 2025

    Should You Buy a House in March? Experts Weigh in on Housing Market

    Heading into March 2025, potential homebuyers are facing significant challenges such as high mortgage rates, rising home prices and inflation. Additionally, factors like the threat of tariffs further complicate the market, creating more obstacles for …

    Source: Newsweek - Left-wing
  • Published on Mar 1, 2025

    Today's Mortgage Rates | Rates Stay Low as Inflation Cools

    Mortgage rates for March 1, 2025, are around 6.30%. Cooler inflation data and concerns about an economic slowdown pushed rates down this week. Rates may fall further this year as long as inflation continues slowing. Mortgage rates plunged this week amid …

    Source: Business Insider - Neutral
  • Published on Mar 1, 2025

    Attacks on the CFPB highlight DOGE’s pretense

    DOGE’s purported motive to maximize governmental efficiency does not appear genuine in the case of the CFPB, because it is hard to deny the value to American consumers of the CFPB and its work. Anyone actually interested in government efficiency would …

    Source: Citizens For Ethics - Left-wing
  • Published on Mar 1, 2025

    UWM exec bullish on 2025 market despite stubborn mortgage rates

    Elezaj was speaking with MPA shortly after UWM’s full-year financials showed the company’s loan production swelled in 2024 and net income topped $329 million despite the housing market seeing its most sluggish pace of sales activity for nearly three …

    Source: Mortgage Professional Australia - Neutral
  • Published on Feb 28, 2025

    Why Didn't Refi Demand Spike This Week?

    As is the case almost every week of the year, the Mortgage Bankers Association released its weekly mortgage app survey this week, showing the changes in purchase and refinance applications. We can skip right past any discussion or analysis of the purchase …

    Source: Mortgage News Daily - Neutral
  • Published on Feb 27, 2025

    Elizabeth Warren Presses X To Find 25,000 Tweets Deleted By Trump Nominee

    Sen. Elizabeth Warren (D-Mass.) wants to know what happened to 25,000 tweets that a key Donald Trump nominee deleted soon after the 2024 election, and she on Wednesday wrote a letter to X CEO Linda Yaccarino requesting those records. Bill Pulte, an …

    Source: HuffPost - Left-wing
  • Published on Feb 28, 2025

    March Mortgage Outlook: Hostile Rates, but Friendly Price Cuts

    Mortgage rates might remain level for the first two-thirds of March. But they could rise after March 19, when the Federal Reserve's rate-setting meeting ends. The central bankers are likely to disappoint folks counting on a short-term interest rate cut …

    Source: KTBS 3 - Louisiana - Label Pending
  • Published on Feb 28, 2025

    Addie Garvey, born with Moebius syndrome, organizes 'Kindness Is Everything' campaign to champion inclusivity

    Addison “Addie” Garvey is a Melville 10-year-old who enjoys dance and cheerleading, loves to read and write and plays drums in a band. She thrives in her fourth-grade class at Sunquam Elementary School in Melville, where she is a member of the student …

    Source: Newsday - New York - Neutral
  • Published on Feb 28, 2025

    Dan Gilbert's Rocket swings back to profitability in 2024 

    The mortgage industry faced challenges in recent years due to high interest rates, but 2025 is expected to see growth. The Consumer Financial Protection Bureau dropped a lawsuit against Rocket Homes, a Rocket Companies subsidiary, which was accused of …

    Source: Detroit Free Press - Michigan - Label Pending

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