Conforming mortgage share hit record low in December

At the tail end of 2024, mortgage borrowers shifted their attention away from conforming mortgages and toward refinance opportunities. A report released Tuesday by Optimal Blue found that the conforming loan share sank to historic lows in December.Optimal Blue’s December 2024 Market Advantage report
Read MoreThe Supreme Court is out, so what’s next for NAR?

When the Supreme Court on Monday denied the National Association of Realtors’ (NAR) petition to hear its appeal of a lower court’s ruling that allowed the Department of Justice (DOJ) to reopen its long-running investigation, the trade group officially ran out of court options. But while it may seem
Read MoreNew FHFA final rule seeks to expand liquidity for FHLBank system

The Federal Housing Finance Agency (FHFA) on Tuesday announced the publication of a new, final rule in the Federal Register seeking to expand liquidity for the Federal Home Loan Bank (FHLBank) system, which would be accomplished by adjusting the treatment of some short-term FHLBank investments.The r
Read MoreCyberbacker CEO arrested for giving marijuana to 8-year-old son

Move over, Hunter S. Thompson, and make way for Cyberbacker CEO Craig Goodliffe.According to a Fox News affiliate in Salt Lake City, Goodliffe was arrested in Ogden, Utah, last week for allegedly giving his 8-year-old son marijuana candy. This led to charges of child endangerment, purchase of a fire
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