Page 3 - Seth Appleton News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Housing finance regulators should appreciate the stability and resilience of the conventional mortgage market backed by private mortgage insurance.

Premium cuts are expected to save borrowers $678 million a year but don't apply to existing loans or release homeowners who have built up equity from "life-of-loan" requirements.

Remember, not all math puns are terrible...just sum. Analyzing residential servicing is a combination of math and psychology. If you were an institution thinking of buying mortgage servicing rights (MSR), or a lender running the numbers on retaining servicing rather than selling it to an aggregator like AmeriHome or Penny Mac, you don’t like hearing the saying, “Marry the house, date the rate.” You’d prefer that the loan stay “on your books” well into the future because you want the monthly cash flow. In 2020 and 2021 origination income was dominant. B...

And Speaker Kevin McCarthy says he's hopeful for debt ceiling negotiations.

And demonstrators protest nationwide over Tyre Nichols' death.