Aug. 19: AE jobs; Cap. mkts. class, AI, SOC, credit union, home equity tools; LOs & the HELPER Act; STRATMOR & verification trends
Apologies first! Yesterday I mistakenly wrote, “ARMs now account for nearly 50 percent of applications…” Thank you again to those who wrote, questioning that stat. I was thinking refis. “Given the relative attractiveness of ARM rates compared to fixed rate loans, ARM applications increased 25 percent to their highest level since 2022, and the ARM…