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National Mortgage News
National Mortgage News
Origination Bulletin
April 8, 2024
Credit scores
Purchase loan credit scores hit highest point in 6 years
Business Credit Score Gauge Concept, Excellent Grade.
Mortgages that homebuyers locked in March rose 17% even with FICOs at record high for Optimal Blue's dataset, suggesting there are many qualified borrowers.
Career advancement
Ocwen, MBA, CHLA make leadership appointments
Also, Argyle, Two Harbors add mortgage tech experts to boards, Planet Home expands sales team and Calque names its CEO.
Treasury bonds
Bond traders see 4.5% yields as next test as focus shifts to CPI
The surprisingly strong U.S. economy has driven Treasury yields to the highest since late November as investors dial back bets on interest-rate cuts, wagering that policymakers will be wary of easing policy prematurely.
Read the latest in Origination
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