As of 2022, nonbank mortgage companies originated about two-thirds of US mortgages and owned the servicing rights on 54% of mortgage balances, according to FSOC. That’s up significantly from 2008 ...
Simply sign up to the US inflation myFT Digest -- delivered directly to your inbox. A top Federal Reserve official has called for interest rates to stay on hold for an “extended” time, saying lowering ...
WASHINGTON (AP) — America’s employers added a strong 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring despite ...