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Coming Up:
Colonial Savings To Halt Mortgage Origination Business
Texas-Based bank will focus on banking and mortgage servicing.
Mass Layoffs Affect Mostly Women
78% of laid-off job seekers in the mortgage industry were women
May 29, 2023
Fitch Places Fannie, Freddie On Negative Ratings Watch
Ties credit rating to outcome of U.S. debt limit negotiations.
JPMorgan Chase To Cut 1,000 Jobs At First Republic Bank
Acquired the bank earlier this month after it was seized by federal regulators.
Redfin: Daily Mortgage Rate Tops 7.1% For 1st Time Since November
Monthly housing payments hit a record high this week.
What To Know Before Entering The Wholesale Channel
STRATMOR Group's May Insights Report analyzes wholesale lending opportunities for lenders and LOs.
MBA Still Sees Recession In 2nd Half Of 2023
Monthly update for May forecasts mild recession starting in Q2.
Mortgage Rates Rise Again As 30-Year Hits 6.57%
The 15-year fixed rate also increased this week.
Revolutionize Your Appraisal Process With Jaro
The platform is the ultimate prop-tech solution for enhanced efficiency and accuracy.
May 25, 2023