Apply Online
Schedule a Call

November 2025

Fed’s Cook sees risk in gen AI-manipulated financial trading

Artificial Intelligence, Politics and policy, Regulation and compliance /

Key Insight: Federal Reserve Gov. Lisa Cook says emerging risks are arising over how artificial intelligence may influence financial markets. Expert quote: “Recent theoretical studies find that some AI-driven trading algorithms can indeed learn to collude without explicit coordination or intent, potentially impairing competition and market efficiency.” — Federal Reserve Gov. Lisa Cook.  What’s at […]

Fed’s Cook sees risk in gen AI-manipulated financial trading Read More »

FHA waives disclosure as nominee for commissioner advances

FHA, Originations, Politics and policy /

The Federal Housing Administration is waiving its policy requiring mortgagees to provide borrowers with a longstanding notice that lays out FHA loan rights and responsibilities. The waiver for use of the “Important notice to homebuyers” disclosure is in line with the federal government’s broader deregulatory agenda, and ends the use of “a redundant and outdated

FHA waives disclosure as nominee for commissioner advances Read More »

Mortgage rates likely to remain stable for the rest of 2025

Economy, MARKETING TO BORROWERS, Mortgage Rates, Originations /

Mortgage rates rose again this week after the federal government shutdown ended, giving investors access to economic data to guide their decisions.   Industry pundits and prognosticators today largely believe that, at least through the rest of 2025, nothing in the data is likely to move mortgage rates much. Even though it was compiled before

Mortgage rates likely to remain stable for the rest of 2025 Read More »

Homebuyer affordability improves for fifth straight month

Home Prices, Housing affordability, Mortgage applications, Originations /

Despite increasing home prices, homebuyer affordability improved in October on the back of year-low mortgage rates, the Mortgage Bankers Association said. The national median payment for purchase applicants fell nearly $30 to $2,039 last month compared to September, according to the MBA’s Purchase Applications Payment Index. That’s down $88 from a year ago and $61

Homebuyer affordability improves for fifth straight month Read More »

US existing-home sales rose to eight-month high in October

Housing Inventory, Housing markets, Originations /

Sales of previously owned homes in the US rose in October to the fastest pace in eight months, as buyers took advantage of lower mortgage rates and gained the upper hand over sellers in some markets. Contract closings climbed 1.2% to an annual rate of 4.1 million last month, according to National Association of Realtors

US existing-home sales rose to eight-month high in October Read More »

Trump quips he’ll fire Bessent if interest rates not lowered

Mortgage Rates, Originations, Politics and policy /

President Donald Trump suggested he would fire Scott Bessent if the Treasury secretary doesn’t help secure lower interest rates, expressing ongoing frustration with the Federal Reserve’s reluctance to cut rates more quickly. Trump’s remarks — made in a joking tone — come amid increased pressure on the administration from voters to lower the cost of

Trump quips he’ll fire Bessent if interest rates not lowered Read More »

Unemployment persistent, jobs up in September

Economy, Jobless claims, Politics and policy /

Key insight: Unemployment ticked slightly up to 4.4% — from 4.3% in August — and revisions of prior reports show weaker employment gains over the summer. Supporting data: The economy added 119,000 jobs and 7.6 million unemployed, with major losses in transportation and government offset by gains in health care and social services. Forward look:

Unemployment persistent, jobs up in September Read More »

FOA buys Onity’s reverse MSRs in strategic shift

LOAN PRODUCTS, Reverse mortgages, Secondary markets, Servicing /

Onity’s PHH Mortgage Corp. subsidiary is repositioning its reverse mortgage business, selling its loan pipeline and multibillion-dollar servicing rights portfolio in that part of the market to Finance of America while staying involved as a subservicer and niche securitizer. PHH said it is working to accommodate a smooth transition for its reverse mortgage originators when

FOA buys Onity’s reverse MSRs in strategic shift Read More »

The Top 2 Things Homeowners Need To Know Before Selling

The Top 2 Things Homeowners Need To Know Before Selling

Expired/Withdrawn/Canceled, For Sellers, Price It Right/Overpricing, Selling Tips /

Here’s something you should know before you sell your house. The homeowners who win in today’s market aren’t the ones waiting it out or stepping back. They’re the ones who adapt from the start. A number of homeowners this year didn’t get the outcome they wanted. But it’s not because something’s wrong with the market.

The Top 2 Things Homeowners Need To Know Before Selling Read More »