Marcia Fudge, the 18th Secretary of the U.S. Department of Housing and Urban Development (HUD), announced her resignation from office, according to an announcement released on Monday by HUD. Her last day will be March 22. Adrianne Todman, the current Deputy Secretary and HUD veteran, was named Actin

Digital mortgage automation solution provider Floify launched a mortgage point-of-sale (POS) platform for lenders.Configured to give independent mortgage banks, federally insured banks and credit unions the needed tools at an accessible price point, Floify Lender Edition aims to increase lender prof

We survived jobs week and Federal Reserve Chairman Jerome Powell talking to Congress, with mortgage rates ending the week below 7%. But will mortgage rates keep heading lower? If so, what will this do to inventory levels? Let’s look at this week’s tracker data to get clues for the future.Mortgage ra

Everyone was waiting to see if this week’s jobs report would send mortgage rates higher, which is what happened last month. Instead, the 10-year yield had a muted response after the headline number beat estimates, but we have negative job revisions from previous months. The Federal Reserve’s fear of