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Blend announces plans to offload Title365

The mortgage fintech looks to transition to a model of strategic platform partnerships rather than offer its own closing services as it simplifies operations. https://www.nationalmortgagenews.com/news/blend-to-sell-closing-services-business-title365

FHFA says it told DOJ of North Koreans, Chinese at GSEs

Bill Pulte once again claimed he's signed over 50 directives at the housing regulator, although he's only made some of those that affect lenders public. https://www.nationalmortgagenews.com/news/pulte-fhfa-reported-north-koreans-chinese-at-gses-to-doj

Most economists expect rate cuts after July

All of those surveyed by Wolters Kluwer for its May Blue Chip Economic Indicators report ruled out the possibility the Fed could raise short-term rates. https://www.nationalmortgagenews.com/news/most-economists-expect-rate-cuts-after-july-wolters-kluwer