However, higher prices and mortgage rates are slowing demand.
The GSE cited stronger-than-expected job gains in the August employment report and sizable upward revisions to personal income data
Mortgage Bankers Association (MBA) reports 17% decrease in applications for week ending Oct. 11
Fairway to pay a $1.9 million penalty and provide $7 million in loan subsidies
Home prices rose a seasonally adjusted 1.3% during Q3 2024
'TD Bank chose profits over compliance in order to keep its costs down,' said U.S. Attorney General Merrick Garland.
Eager for relief but fearing further losses, industry executives offer insights on a volatile mortgage market in transition.