General

Long-time mortgage industry executive Patricia "Patti" Cook died on Nov. 3. She was 70 years old and passed away from pancreatic cancer according to an online obituary. Most recently, Cook was the CEO of Finance of America and steered it…
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With the key benchmark 10-year Treasury yield slipping below its recent high of 5%, Yun highlighted the fact that mortgage rates will now likely tick downwards, with the 30-year fixed rate likely to drop to around 6% by spring of 2024.…
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The Department of Housing and Urban Development's Office of Inspector General announced Thursday that it's gathering information about Ginnie Mae's handling of Reverse Mortgage Funding's bankruptcy and seizure of its servicing. "The OIG's…
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