Chris Frankie

Chris Frankie

SEC Launches Probe of First American Security Lapse: Report

First American is under investigation by the Securities and Exchange Commission over a cybersecurity lapse on its website that potentially exposed more than 885 million mortgage-related records dating to 2013. So reports cybersecurity blog Krebs on Security, which also broke the news of the data exposure.

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Fannie Mae Predicts Rise in Refinances, Another Fed Rate Cut

A new analysis by Fannie Mae forecasts that refinances will account for 35% of all new mortgages in 2019, up from 29% last year. So reports Yahoo Finance.

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New Whitepaper: Treasury and Mortgage Rates Perspective, August 2019

Treasury yield plummeted at the beginning of August after a confusing post-meeting press conference by Fed Chairman Powell. That was followed by an escalation in the trade dispute between the U.S. and China.

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