Latest in Commercial Mortgage Servicing
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Kemi Badenoch blames civil service for slow pace of Post Office compensation
New Conservative leader says ITV drama brought ‘urgency’ to helping victims of scandalBusiness - Financial Times - 2 days ago -
Trump's win may put this popular student loan forgiveness program at risk
The Public Service Loan Forgiveness program may be at risk with the election of Donald Trump. Here's what borrowers should know.Business - CNBC - Yesterday -
'Reckless pick': Lawmakers express doubts that Gaetz can get confirmed as attorney general
“I think he has a zero percent shot of getting through the Senate," said Donald Trump ally Rep. Max Miller.Politics - Politico - 7 hours ago -
Reeves seeks reform of UK consumer redress in financial services sector
Chancellor considers overhaul as lenders face potential multibillion-pound bill for alleged mis-selling of car financeBusiness - Financial Times - 15 hours ago -
Amtrak Suspends Service Between New York and New Haven Because of Fire
The blaze was apparently connected to an Amtrak substation in the Bronx. The operator said it expected normal service to resume at 2 p.m. on Wednesday.Top stories - The New York Times - 19 hours ago -
Princess of Wales to host Christmas carol service again this year
The princess has begun to return to some public duties since finishing chemotherapy in September.Top stories - BBC News - 21 hours ago -
Man who ran illegal football streaming service jailed
Jonathan Edge was caught selling reprogrammed Firestick devices after advertising on Facebook.Top stories - BBC News - 17 hours ago -
Obama's Secret Service agent breached security to have an affair: Memoir
A Secret Service agent assigned to Barack Obama was breaching security while leading a double life, according to a memoir by the agent's former girlfriend.Top stories - ABC News - 14 hours ago -
Amtrak Says Service Between New York and New Haven Will Return in Afternoon
The train service suspension, caused by a fire in the Bronx, was expected to disrupt the Wednesday morning commute in the New York City area.Top stories - The New York Times - 16 hours ago -
Assisted dying would be funded ‘at expense of’ NHS services, warns Streeting
Health secretary commissions study into costs of measure ahead of MPs’ vote this monthWorld - Financial Times - 10 hours ago -
Amazon plans to shut down Freevee, its no-cost streaming service
Amazon will phase out its streaming service Freevee, the company confirmed. The free, ad-supported service was the original home for the series 'Jury Duty.'Entertainment - Los Angeles Times - 8 hours ago -
Weekly mortgage demand tanks 17%, after interest rates hit the highest level since August
Mortgage interest rates rose last week for the third straight week, hitting the highest level since August.Business - CNBC - October 16 -
A drop in mortgage rates has failed to ignite home-buying demand, but builders remain optimistic
Builder sentiment inched up in October, the National Association of Home Builders said.Business - MarketWatch - October 17 -
Mortgage demand drops to its lowest level since July, as interest rates return to summer highs
Total mortgage application volume dropped 6.7% from the previous week, hitting its lowest level since JulyBusiness - CNBC - October 23 -
New-home sales jump to highest level since May 2023, as lower mortgage rates drew buyers in
New-home sales surged in September, as home buyers seized on lower mortgage rates.Business - MarketWatch - October 24 -
How does the 10-year Treasury yield affect mortgage rates? Experts explain
The 10-year Treasury yield plays a significant role in your mortgage loan borrowing costs. Here's how.Top stories - CBS News - October 24 -
Mortgage rates rise for the fourth week in a row. But in these states, it’s still cheaper to buy than to rent.
The 30-year mortgage rate is averaging at 6.54%, Freddie Mac said in its latest weekly survey on Thursday.Business - MarketWatch - October 24 -
U.S. housing market is on the ‘verge of a vicious cycle,’ which is ‘not good for America,’ Lennar Mortgage head warns
Laura Escobar, the president of Lennar Mortgage, said the lack of affordable housing options poses a threat to America’s future.Business - MarketWatch - October 29 -
Pending home sales jump to six-month high as lower mortgage rates draw buyers in
U.S. pending home sales rose 7.4% in September, the National Association of Realtors said on Wednesday.Business - MarketWatch - October 30 -
Should I pay off my mortgage in retirement? New book tackles big money questions
Retirement planning is filled with big questions. For some retirees, whether or not to pay off their mortgage is one of them.Business - CNBC - November 3 -
Should you lock in a mortgage rate after the November rate cut? Experts weigh in
Aside from the November rate cut, several factors play a role in timing your mortgage rate lock.Top stories - CBS News - November 5 -
Trump or Harris: Who would bring mortgage rates down? Three economists weigh in.
What will happen to mortgage rates and home prices in a prospective Trump or Harris administration? MarketWatch spoke to three economists to find out.Business - MarketWatch - November 5 -
Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts
With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.Business - CNBC - 6 days ago -
Prospective homebuyers absorb harsh reality: Mortgage rates probably aren’t coming down for a while
America’s prospective homebuyers absorb harsh reality: Mortgage rates probably aren’t coming down for a while.Top stories - NBC News - 4 days ago