GSEs’ cost-cutting tools: The per-loan savings breakdown
The government-sponsored enterprises say they have been leaning into cost savings, some of which have been passed on to lenders and borrowers. Below,...
Nearly 60% of new CMHC-insured mortgage volume has longer amortizations
Mortgages amortized over more than 25 years accounted for 58.6% of new insured homeowner volume in Q2, down slightly from Q1 but well...
DR Horton fights RICO suit over lowballed escrow estimates
D.R. Horton is tapping the full legal playbook to challenge a class action racketeering lawsuit plaintiffs say could encompass tens of thousands of...
Mortgage Rates Higher Thanks to First Military Strikes in a Month
Just days after the big Jackson Hole Fed event, mortgage rates are under pressure for other reasons.The reason? The ongoing conflict in the...