Perotti added that the company’s total lock volumes of $36 billion were down 7% from the prior quarter due to higher mortgage rates. Of this amount, $32 billion was tied to PennyMac’s own account.

WESTLAKE VILLAGE, Calif. (AP) — WESTLAKE VILLAGE, Calif. (AP) — PennyMac Mortgage Investment Trust (PMT) on Thursday reported fourth-quarter earnings of $46.5 million. On a per-share basis ...

The response was that the total number of individuals holding active CPD20 – Advising or arranging regulated mortgage contracts and/or active CPD21 – Advising or arranging equity release transactions ...

Moves by the Fed do not directly affect long-term fixed mortgage rates. They can, however, impact shorter-term loans, home equity financing and adjustable-rate mortgages. At its January 2025 ...

(CNN) - The White House released the official portrait of first lady Melania Trump on Monday. Belgian photographer Régine Mahaux captured the black and white photograph. The photo was snapped Jan.

(Image: X) DeepSeek, a Chinese AI platform, has surpassed OpenAI’s ChatGPT in download rankings on the Apple App Store in the US, achieving this feat within just a week of its launch, as ...

Apple has shared the updated iOS adoption numbers, revealing that 68 per cent of all active iPhones are already running iOS 18. In comparison, this number rises to 76 per cent when considering iPhones ...

DeepSeek hit No. 1 on the Apple app store's Top Free Apps chart days after the Chinese startup released its flagship model, R1. DeepSeek, led by the Chinese quant hedge fund manager Liang Wenfeng ...

according to mortgage buyer Freddie Mac. The buying power of Americans now facing higher costs to borrow money for homes that have soared in value has been significantly stunted. With so few homes up ...

MCLEAN, Va. (AP) — The average rate on a 30-year mortgage slips to 6.96%, Freddie Mac says, ending a five-week climb.