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The Federal Reserve left rates unchanged but updated projections show more policymakers expecting additional hikes
Deep divisions inside the Fed and a murky rate outlook could keep mortgage pricing volatile and borrower urgency uneven
LegalShield data shows foreclosure inquiries up 20% year over year as borrowers shift from research to action, signaling potential rise in filings
Second-lien strategies and Non-QM products are helping originators unlock equity without forcing borrowers out of low-rate first mortgages
New strategy reflects growing institutional demand for diversified credit and signals continued support for non-agency lending markets
The shift could also reshape competitive dynamics between banks and nonbanks across mortgage origination and servicing