Latest in Commercial Mortgage Servicing
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Is a reverse mortgage or home equity loan better for seniors? Experts weigh in
Seniors have a few options for tapping into their home's equity, but certain options may be better than others.Top stories - CBS News - October 25 -
7% mortgage rates are a warning about who will win the election, economist says
Mark Zandi of Moody’s Analytics says rising mortgage rates offer clues about how investors are considering the postelection future of the U.S. economyBusiness - MarketWatch - October 30 -
Mortgage rates rise to highest level since July due to these 3 reasons
Mortgage applications fell 0.1% in the last week, the Mortgage Bankers Association said.Business - MarketWatch - October 30 -
Mortgage demand stalls as interest rates surge higher ahead of election
Total mortgage application volume was essentially flat, falling 0.1% compared with the previous week.Business - CNBC - October 30 -
Mortgage rates increase for the fifth straight week — but there’s good news
The 30-year mortgage rate is averaging 6.72%, Freddie Mac said in its latest weekly survey on Thursday.Business - MarketWatch - October 31 -
Average rate on a 30-year mortgage in the US rises for fifth straight week
The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early AugustTop stories - ABC News - October 31 -
America’s secret weapon against inflation: The 30-year home mortgage
Being able to lock in a predictable payment for decades isn’t just a financial tool; it protects families from economic uncertainty.Business - MarketWatch - November 2 -
What will happen to mortgage rates after this week's Fed rate cut?
The Federal Reserve is set to issue another rate cut this week. Here's what could then happen to mortgage rates.Top stories - CBS News - November 4 -
Mortgage delinquencies ticked up in September for the 4th month in a row
Rising interest rates and hurricane-related pressures are driving an increase in late mortgage payments, Intercontinental Exchange says.Business - MarketWatch - November 5 -
Weekly mortgage demand tanks 11% as interest rates surge higher
Total mortgage application volume dropped 10.8% compared to the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.Business - CNBC - 6 days ago -
Mortgage rates inch up to a 3-month high ahead of Fed meeting
Mortgage applications fell 10.8% in the last week, the Mortgage Bankers Association said.Business - MarketWatch - 6 days ago -
The Fed’s ‘temporary’ mortgage-backed security experiment will last decades
It looks like the Fed is stuck with very large, losing “temporary” mortgage-backed securities investments for a long time to come.Politics - The Hill - 6 days ago -
Mortgage rates surge higher on Trump victory, causing housing stocks to fall
Lennar, D.R. Horton and PulteGroup were all down Wednesday. Retailers Home Depot and Lowe's were also lower.Business - CNBC - 6 days ago -
Will UK interest rate cut make mortgages and loans cheaper?
Bank of England interest rates affect the mortgage, loan and savings rates for millions of people.Top stories - BBC News - 5 days ago -
Why mortgage rates could be heading to 8%, despite a Fed cut
The 30-year rate inched up for the sixth week in a row ahead of an expected interest-rate cut by the Federal Reserve.Business - MarketWatch - 4 days ago -
What the Fed rate cut means for mortgage interest rates
Another Fed rate cut is now official. Here's what that could mean for mortgage interest rates.Top stories - CBS News - 5 days ago -
Why mortgage interest rates may drop again this week
Could mortgage interest rates head back down again this week? Here's why they could.Top stories - CBS News - Yesterday -
Hospital service 'under pressure' ahead of winter
A hospital chief says services already feel "strained" and expects to feel more pressure.Sports - Yahoo Sports - October 18 -
King Charles begins Australia tour with church service
King Charles and Queen Camilla are on a six-day tour of Australia, their first since the King ascended to the throne.Top stories - BBC News - October 20 -
Flemming Awards celebrate dedication, public service in government
Twelve public servants will be honored next month at the 75th anniversary of the Arthur S. Flemming Awards, an honor given to those who advance equity in their government work. While working in the ...Politics - The Hill - October 22 -
‘Bespoke’ private banking: the ultimate in customer service?
Ultra-wealthy clients can pay for customised care in investments, tax and family governance. But they may not get everything they needBusiness - Financial Times - October 25 -
At your service: the holiday homes with a significant difference
Second residences with the perks and services of a hotel and members’ club is thriving sector — with buyers paying a premium for ‘lifestyle per square foot’World - Financial Times - October 30 -
America’s civil service must remain nonpartisan
Any set of civil service reforms should be all about policy and not partisan politics, about accountability to the rule of law and regulation, not someone’s personal agenda.Politics - The Hill - October 31 -
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Gazan Rescue Service Has Stopped Operating in the North
Residents had to dig through rubble in search of their neighbors after the main emergency service in Gaza said it had stopped operations in the north because it had come under Israeli attacks.World - The New York Times - 4 days ago -
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Postal Service: Restoring service in hurricane-hit areas may take 'some time'
Officials for the United States Postal Service gave an update Wednesday on recovery efforts following hurricanes Helene and Milton, saying that restoring full service in affected areas may take ...Politics - The Hill - October 23 -
FirstFT: China launches large military exercises near Taiwan
Also in today’s newsletter, Trump backs strong dollar, says adviser, and EY delays start dates for recruitsWorld - Financial Times - October 14 -
BBC boss warns of Russian and Chinese propaganda
The UK is losing out because of cuts to the World Service, the BBC's director general warns.Top stories - BBC News - October 14 -
Did a staffing crisis leave the Secret Service unprepared for 2024?
The assassination attempts on former President Donald Trump are shedding some light on larger problems within the Secret Service. Eric Lipton, investigative reporter for The New York Times, spoke ...Top stories - CBS News - October 14 -
Taiwan to have satellite internet service as protection in case of Chinese attack
Coverage with UK-European provider will be in place by end of month, says island’s main telecoms company. Taiwan is expected to have access to low earth orbit satellite internet service by the end ...World - The Guardian - October 15 -
Several thousand attend a funeral service in southern Bosnia for 19 killed in devastating floods
Several thousand mourners in southern Bosnia have converged around 19 caskets covered in traditional Islamic green cloth, part of a funeral service held for those killed during the destructive ...World - ABC News - October 15