Industry News
Coming Up:
June Jobs Report Improves Mortgage Rate Outlook
Slower hiring strengthens bonds and eases concerns over additional Fed tightening
NEXA Founder Mike Kortas Launches evoLend To Help Originators Retain Borrowers
New Fannie Mae-, Freddie Mac- and Ginnie Mae-approved mortgage servicer aims to keep originators connected to borrowers through servicing data, payoff visibility and retention tools
President Trump Cancels 21st Century ROAD To Housing Act
Trump cancels signing the bipartisan housing bill, leaving affordability package in limbo
Commercial, Multifamily Mortgage Debt Tops $5 Trillion In Q1
MBA says outstanding debt grew by $26.3 billion in the first quarter, led by multifamily lending and increased holdings from banks, agencies, and life insurers
Fed Holds Rates Steady, But Outlook Dims For Mortgage Rate Relief
The Federal Reserve left rates unchanged but updated projections show more policymakers expecting additional hikes
Congress Nears Final Vote On 21st Century ROAD to Housing Act
Senate voted 87-8 to advance House-amended package, with final votes expected in coming days
Florida Pending Sales Signal Strong Summer Housing Market
Closed sales rise for a ninth straight month as inventory gives buyers more negotiating power
