Senate passes sweeping housing package in 89–10 vote
The Senate overwhelmingly passed the 21st Century ROAD to Housing Act in an 89–10 vote on Thursday, advancing a sweeping bipartisan bill aimed at boosting housing supply and addressing affordability challenges nationwide. But consumer advocates and trade groups are still pushing for changes to sever
Iran war pushes mortgage rates near yearly high
The conflict pushed oil price futures above $100 a barrel for a short time earlier this week, which affected bond investors and the 10-year Treasury yield.
Citi hires Dale Baker as head of residential mortgage
Citi has hired Dale Baker as its head of U.S. mortgage and retail lending. Baker confirmed the news in a social media post on Wednesday evening. Baker succeeds Chris McCullough, Citi’s president and head of mortgage and small-business lending, who is retiring, a source familiar with the matter told
Pamela Heman
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