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Last week, Fed chair Jerome Powell indicated that a slower pace of rate hikes was in the offing, noting that it “makes sense to moderate the pace of our rate increases” as it approaches a level likely to see inflation continue to tick…
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Seth Appleton, currently the president of Mortgage Industry Standards Maintenance Organization, will take the top job at the U.S. Mortgage Insurers, starting in January. The USMI role has been vacant since July, when Lindsey Johnson left to…
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The rate at which borrowers have been marked consistently late on their mortgages is on track to increase by half a percentage point next year, according to TransUnion. The 60-day-plus delinquency rate will rise to 1.4% by year-end 2023…
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