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Angel Oak Mortgage Plans IPO

Angel Oak Mortgage Plans IPO

Sunday, 13 June 2021
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According to an S-1 statement filed with the Securities and Exchange Commission, Atlanta-based Angel Oak Mortgage is looking to go public. So reports HousingWire. Read more...
FHFA Bumps Eviction Moratorium to September

FHFA Bumps Eviction Moratorium to September

Saturday, 12 June 2021
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The Federal Housing Finance Agency has kept the pandemic moratorium on evictions going for a few more months. So reports GlobeSt.com. Read more...
Consumer Prices Rise at Fastest Clip Since 2008

Consumer Prices Rise at Fastest Clip Since 2008

Saturday, 12 June 2021
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A well-known measure of inflation jumped in May at its quickest year-over-year rate in almost 13 years, according to the Department of Labor. So reports CNBC. Read more...
Mortgage Rates Tick Down With 30-Year at 2.96%

Mortgage Rates Tick Down With 30-Year at 2.96%

Saturday, 12 June 2021
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Mortgage rates slipped, as a 30-year fixed-rate loan averaged 2.96% in the week ending June 10, according to Freddie Mac. So reports Bloomberg. Read more...
Record Numbers Think It’s a Bad Time to Buy a Home: Fannie Mae

Record Numbers Think It’s a Bad Time to Buy a Home: Fannie Mae

Saturday, 12 June 2021
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Americans’ outlook about buying a home is its gloomiest since Fannie Mae began keeping track in 2010, but low interest rates combined with higher savings rates during the pandemic have many still wanting to take the plunge. So reports MarketWatch. Read more...
Bodnar of MMG: Bonds Got Punched in the Face, Then Bounced Back

Bodnar of MMG: Bonds Got Punched in the Face, Then Bounced Back

Saturday, 12 June 2021
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Bill Bodnar of The Mortgage Market Guide discusses the "hot" CPI, the bond market's muted reaction while taking a look at the charts ahead of the upcoming Fed Meeting. Read more...
Modernizing Valuations and the AMC Model: How Tech is Helping Lenders Win

Modernizing Valuations and the AMC Model: How Tech is Helping Lenders Win

Sunday, 06 June 2021
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Record-breaking mortgage activity in 2020 magnified process inefficiencies for many lenders as they struggled to keep pace with the demand surge created by historic-low rates; and even with the market cooling a bit in recent months, it’s still keeping them on their toes. Read more...
Hiring Rebounds in May After Disappointing April Jobs Report

Hiring Rebounds in May After Disappointing April Jobs Report

Sunday, 06 June 2021
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The latest monthly jobs numbers have provided another sign of a strong U.S. recovery, as hiring picked up in May after a lackluster April. So reports NBC. Read more...
Economic Growth Speeds Up, While Prices Rise: The Fed

Economic Growth Speeds Up, While Prices Rise: The Fed

Sunday, 06 June 2021
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The Federal Reserve's latest analysis of U.S. economic conditions has found that the recovery kept gaining steam in recent weeks, despite higher costs and labor shortages. So reports Reuters. Read more...
Weekly Mortgage Applications Fall to Lowest Since February 2020

Weekly Mortgage Applications Fall to Lowest Since February 2020

Sunday, 06 June 2021
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With prices and interest rates on the rise lately, a key measure of mortgage applications has dropped to its lowest level since the early days of the pandemic. So reports Fox Business. Read more...

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