Mortgage Rates Had a Better Day, Ultimately Dropping Just Slightly
(NOTE: This article was updated at 5:30pm from the version originally published at 2:36pm ET to reflect late day rate improvements). Mortgage rates have risen more than half a point in 2 weeks. While that's certainly not the fastest jump we've seen, it is an extraordinarily uncommon pace--happening
Proposal seeks to standardize MSR accounting for recapture values
Analysts say the change should boost transparency but is unlikely to move MSR carrying values
Gateless Smart Underwrite earns AZP Platinum AI certification
AZP cited 230,000 loans with no reported claims and a framework focused on governance and auditability

Pamela Heman
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