The two companies will retain ties as Daniel Wallace moves to an operational leadership position at a time when non-agency mortgage opportunities are opening up.
Discount points have driven mortgage borrowers' out-of-pocket costs up 33% in the past few years, a Federal Reserve study finds. Home buyers last year paid on average around $6,500 at closing, ...
Any potential ending of the government-sponsored enterprise conservatorships will have little effect on mortgage rates and mortgage-backed securities spreads in the near-term, said BTIG analyst Eric ...