Despite recent surprise competition from the likes of DeepSeek, OpenAI remains the biggest name in AI right now. The company ...
Most economists were expecting mortgage rates to fall over the course of the coming year. But rates have risen steadily over the last month, inching back up to 7% — and they’re expected to ...
Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...
You've paid off your mortgage, congratulations! But now you have a massive home repair project and not enough ready cash to cover it. Fortunately, you can still take out a home equity loan on your ...
Five major banks offer 90-day mortgage forbearance and late fee waivers to qualified LA firestorm victims. Governor issues executive orders to streamline rebuilding, expedite temporary housing, and ...
The mortgage industry reacted positively to the announcement that Bill Pulte, philanthropist and head of investment firm Pulte Capital Partners, will be nominated to lead the Federal Housing Finance ...
President-elect Donald Trump tapped private equity businessman Bill Pulte as the next Federal Housing ... half of the country’s residential mortgage market. It’s a critical moment for the ...
The FHFA is a crucial regulatory body overseeing mortgage giants Fannie Mae and Freddie Mac, which have been under government control since the 2008 financial crisis. Trump highlighted Pulte's ...
President and CEO of the Mortgage Bankers Association (MBA), Bob Broeksmit, congratulated Pulte on the nomination in a press release. "We look forward to working with him and the FHFA staff on ...
Roberti, who works predominantly with first-time homebuyers, says he has sensed uneasiness in his local clients given the size of monthly mortgage payments at today’s rates. He expects rates ...
In a statement, Mat Ishbia, CEO of Pontiac-based United Wholesale Mortgage, touted Trump's selection of Pulte for the regulatory position. "Having someone with industry experience who understands ...
Trade groups in the mortgage industry responded positively to Pulte's nomination. The Community Home Lenders of America shared its congratulations. "We look forward to working with [Bill Pulte] on the ...
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