MND NewsWire - 5:10PM
On November 16, Fannie Mae will implement scheduled changes to its automated underwriting system (DU or "Desktop Underwriter"). DU is used by lenders to approve loans, and several of ...
MND NewsWire - 4:12PM
Wells Fargo Bank reported record net income for the third quarter of $5.6 billion, a 13 percent increase from the same quarter in 2012 even though rising interest rates hurt its mortgage ...
MND NewsWire - 2:25PM
The life or death of the mortgage interest deduction (MID) is a perennial Washington, DC soap opera. The prospect of eliminating it is always on the table early in any discussion of ...
Mortgage Rate Watch - 5:43PM
Mortgage rates were flat today, ending the week higher for the second Friday in a row after 3 exceptionally strong weeks in September. Some lenders offered slightly better rate sheets ...