Analysts at Mortgage Capital Trading said the 10-year was up Tuesday due to a court ruling Aug. 29 determining that the Trump administration’s use of emergency powers to implement tariffs was illegal.

A half-point drop in rates won't generate enough savings to cover the cost of a new loan, Neighbors Bank says.

The regulator, though, says no market participant can account for more than 20% of the GSEs' servicing market.

Chase has brought back its HELOC program after stopping new applications in 2020.

The national delinquency rate improved for the second month in a row.

One warehouse manager described the current state of the business as one that is “normalizing.”

One executive said underwriters should be extra careful and check the certified public accountant documentation.

Purchase-mortgage originations increased by 41.2% from the first quarter while refi business was up 34.1%.

The deal size increased by nearly 30% compared with Rocket's initial plans.

Libby Cantrill, a managing director and head of public policy at PIMCO, warned that the administration’s concept is beset with problems.