A prospect that might have seemed unthinkable just a couple short weeks ago is coming into view for bond traders: The potential for US Treasuries to post an annual gain for the first time since 2020....
NextGenMortgage
Innovation in the spotlight at Digital Mortgage 2023
Seventeen companies showed off their latest tech aimed at streamlining the lending experience. https://www.nationalmortgagenews.com/list/innovation-in-the-spotlight-at-digital-mortgage-2023
Lenders aren’t targeting right customers for new loans, ICE says
The retention rate among servicers is at a 17-year low the latest Intercontinental Exchange Mortgage Monitor report found. https://www.nationalmortgagenews.com/news/lenders-arent-targeting-right-customers-for-new-loans-ice-says
Non-banks must report larger data breaches, FTC rules
The order follows a similar decree by the Securities and Exchange Commission for publicly traded firms to disclose incidents they deem "material." https://www.nationalmortgagenews.com/news/non-banks-must-report-larger-data-breaches-ftc-rules
Newly delinquent credit card users now top pre-pandemic levels: New York Fed
As U.S. credit card balances continue to march above $1 trillion, the number of newly delinquent credit card users now exceeds the pre-pandemic average and millennials and those with student or auto loans are driving the increase in past-due payments, the New York Fed said....