Mortgage & Economy
Mortgage rates, Federal Reserve policy, employment, inflation, and what they mean for Bay Area affordability.
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New $100 million Baltimore fund targets vacant housing pipeline
The Greater Baltimore Committee and Enterprise will launch a Funders’ Consortium in November
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FICO to cut 15% of staff, reduce management layers
The move comes as regulators and large lenders are embracing competing credit score models
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HUD opens probe into Wells Fargo’s race-based mortgage programs
HUD says bank initiatives may violate the Fair Housing Act
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Bank of America: Older Americans have taken on a bigger economic role
Households headed by someone 55 or older held close to $140 trillion in net worth as of Q2 2026
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The return of the specialist: Why a more fragmented mortgage market favors active management
Cross-sector relative value, from agency MBS to whole loans and RMBS, can persist as mandates limit capital mobility
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Non-QM is a fit, not a fallout
A growing share of loans are non-QM as bank statement and DSCR programs expand broker options
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Integra Solutions, Donnell Systems partner to streamline mortgage servicer account oversight
Move aims to cut manual effort, reduce operational risk, and improve transparency and audit readiness for servicers
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Unlock MLS rejects Compass demand on clear cooperation fines
The MLS says enforcement starts with a courtesy notice, then a $100 fine, with up to $500 only after a hearing
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UWM drops minimum credit score overlay for agency loans
Eligibility now hinges on AUS findings across Fannie, Freddie, FHA, VA and USDA programs
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Mortgage applications fall 4.2% as 30-year rate hits 7.49%
Refinance volume fell 8% week over week and was 56% below the same week last year, MBA data shows









