Black Knight Originations Market Monitor: Mortgage Rate Lock Activity Falls as Rates Top 7% for First Time Since November 2022; Signs of Credit Tightening Persist

2023-08-14T16:00:29-04:00
  • According to the Optimal Blue Mortgage Market Indices, 30-year conforming rates crossed 7% for the first time since November 2022, before falling sharply and then rebounding to 6.88%
  • Overall rate lock volumes were down 7%
Black Knight Originations Market Monitor: Mortgage Rate Lock Activity Falls as Rates Top 7% for First Time Since November 2022; Signs of Credit Tightening Persist2023-08-14T16:00:29-04:00

Wells Fargo Aims to Provide up to $60 Million to Concordance Anti-Recidivism Program

2023-08-02T13:09:55-04:00

Concordance says re-entry program cuts reincarceration by 56%, builds financial health for participants

Wells Fargo Bank, N.A. is supporting a national expansion of Concordance, a nonprofit with a proven record of reducing repeat criminal offenses from individuals returning to the community.

Wells Fargo Aims to Provide up to $60 Million to Concordance Anti-Recidivism Program2023-08-02T13:09:55-04:00

Would Anyone Be Surprised?

2023-07-24T14:55:51-04:00

After a pause last month, would anyone be surprised if the Federal Reserve raised short-term rates by .25% again tomorrow? Not after hearing statements by Chairman Powell during the past month. As a matter of fact, he indicated that two

Would Anyone Be Surprised?2023-07-24T14:55:51-04:00

Haven Life and Blend Join Forces to Incorporate Life Insurance Into the Home Purchase Process

2023-07-24T14:52:19-04:00

U.S. Homeowners can Seamlessly Purchase and Protect Investment in One Step

Haven Life, a leading digital direct-to-consumer life insurance agency backed and wholly owned by Massachusetts Mutual Life Insurance Company (MassMutual), is

Haven Life and Blend Join Forces to Incorporate Life Insurance Into the Home Purchase Process2023-07-24T14:52:19-04:00

Peakhill provides $3.25 million for preferred equity behind Freddie Mac to further advance it’s US investment platform

2023-07-14T14:26:21-04:00

Peakhill USA Inc. is pleased to announce the closing of a $3.25M preferred equity investment in River Pointe apartments, a 220-unit stabilized garden style multi-family property in Tampa, FL. Working in conjunction with CBRE and Freddie Mac, Peakhill provided the preferred equity behind a 

Peakhill provides $3.25 million for preferred equity behind Freddie Mac to further advance it’s US investment platform2023-07-14T14:26:21-04:00

CFPB Takes Action Against Bank of America for Illegally Charging Junk Fees, Withholding Credit Card Rewards, and Opening Fake Accounts

2023-07-11T13:08:49-04:00

Bank of America will pay more than $100 million to harmed consumers, and $150 million in penalties to CFPB and Office of the Comptroller of the Currency

Today, the Consumer Financial Protection Bureau (CFPB) ordered Bank of

CFPB Takes Action Against Bank of America for Illegally Charging Junk Fees, Withholding Credit Card Rewards, and Opening Fake Accounts2023-07-11T13:08:49-04:00
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