Mortgage

Fannie, Freddie place large bids for mortgage-backed securities

Fannie Mae and Freddie Mac have begun placing sizable orders to purchase mortgage-backed securities, stepping into a market roiled by widening bond spreads...

Bond Yields Near Highest Levels of the Year, Will Mortgage Rates Follow?

It’s been a topsy-turvy couple weeks for the markets, leading to wild swings in stocks, bonds, and mortgage rates.The driver has been the...

Mortgage Digest: Bond yield spike drives latest fixed mortgage rate hikes of up to 30 bps

Markets are rapidly repricing inflation and rate expectations, driving bond yields higher and triggering a new round of fixed mortgage increases

Palantir, Moder partner with Freedom Mortgage on AI ops

Palantir Technologies and Moder partnered to build an AI-powered mortgage operations platform and Freedom Mortgage was its first customer, the companies announced Thursday.Processing...