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Coming Up:
Bankrate: Mortgage Rates Drop Slightly
The 30-year fixed mortgage rate dropped 15 basis points.
BSI Financial Hires Execs To Drive HR, Investor Reporting
Sean McGowan will lead HR, training and company culture; Shannon Clay to head investor reporting, reconciliations, and cash management initiatives.
Can The Fed Keep Us Out Of A Recession?
Is the mortgage industry ready for a recession?
May 13, 2022
May 13, 2022
Fed Chief Says Earlier Action Could Have Been Taken On Inflation
Jerome Powell says Fed still focused on price stability
Household Debt Rises While Mortgage Originations Decline
Mortgage originations declined from historically high volumes seen in 2021, reflecting an unwinding demand for refinances.
Housing Vacancy Rates At Or Near Historic Lows
Housing vacancy rate dips below 1% according to U.S. Census Bureau Report
Home Point First Quarter Earnings Down Significantly
Net income down more than 90% from a year ago.
Angel Oak Reports $43.5M Net Loss For 1Q 2022
CEO attributes drop to volatility in interest rates