David Krechevsky was an editor at NMP.
The transition from LIBOR was set into motion after a criminal rate-setting conspiracy implicated large international banks and undermined public confidence in the index.
Working paper suggests several ways to help these borrowers overcome the closing-cost hurdle.
Monthly home price gains, though, slow to 1.3% in October from 2.3% peak in April.
Says valuation technology continues to be fair even as the percentage of racial minorities in a locale increases.
Cash-out refinance borrowers pull largest quarterly volume of equity in 14 years
The national delinquency rate on first-lien mortgages dropped to 3.74% in October, within a half percentage point of the pre-pandemic low set in January 2020.
Continues expansion in Western U.S. with new branches in California, Nevada & Utah.
This was the company’s seventh securitization and its 28th residential securitization overall completed under its affiliate’s AOMT shelf.
Chairman Powell tells Congress of concerns about inflation, COVID-19 variant’s effect on recovery.
Joe Stephenson, formerly of American Advisors Group, to lead daily operations.