The Principal
The Principal
Mortgage News Network
Great conversations start with great stories. Tune into The Principal podcast daily for your deep dive into the big issue of the day. Editors, reporters and sources involved in the days top news take on topics with vigor and valor, unafraid to speak openly and honestly so you get the truth about what’s changing the mortgage market. You’ll get a great payback for your time when you listen to The Principal. Find this and more at mortgagenewsnetwork.com
CFPB Looking To Simplify Rules.
CFPB Chairman Rohit Chopra said in a blog post that he wants to update CFPB's extensive regulations, including making them easier to understand and enforce. So what does that mean for mortgage lenders?
Jun 21, 2022
10 min
Is Your Credit Too Fresh, Too Clean?
For some borrowers, past credit problems stand between them and homeownership. Now credit repair companies are fraudulently trying to wash those borrowers' histories. What do you need to know about the latest trend in fraud?
Jun 20, 2022
9 min
I Don't Need Your Bidding War
Home prices and rates keep going up, pricing more buyers out of the market. Redfin says fewer buyers are engaging in bidding wars, and that means more buyers are dropping their prices.
Jun 17, 2022
9 min
Did The Fed Push Us Further Toward Recession?
Do economists think the Fed's 75-basis point hike was the right move? Or did it push us further toward recession? Staff writer Doug Page tells us how experts reacted to Wednesday's meeting.
Jun 16, 2022
9 min
Fed Gets More Aggressive On Inflation
Why did the Fed decide to raise rates by 75 basis points? The Fed bucked expectations and raised rates by 75 basis points. Why did they go so high? And what does that mean for the market?
Jun 15, 2022
15 min
Is Now The Time For The Fed To Get Aggressive?
Duke Economics Professor Connel Fullenkamp looks ahead to the Federal Reserve's Open Market Committee meeting Tuesday and Wednesday. What will the Fed do? Is it the right move? And could we see the Fed get more aggressive with rate hikes.
Jun 14, 2022
11 min
Can Mortgage Companies Stop Themselves From Poaching
Several companies are suing each other for allegedly poaching employees and then working with them to steal customer information and other data. But this is not a new problem. So will the industry finally figure out how to regulate poaching?
Jun 13, 2022
19 min
Prices Are Too Damn High
Inflation jumped another 8.6 percent in May. That's the worst rate since December 1981. The Consumer Price Index numbers come just days ahead of the Fed's next meeting tray and slow inflation.
Jun 10, 2022
11 min
Better.com Facing A Whistleblower Lawsuit
A former executive is suing Better.com, claiming the CEO Vishal Garg fired her in retaliation. Sarah Pierce claims she spoke out about misleading statements and other problems, and that's what prompted Garg's retaliation.
Jun 9, 2022
11 min
Mortgage Rates and Home Prices are Up
Corelogic Deputy Economist Selma Hepp talks about how high she expects mortgage rates to go this summer and how it’s impacting home prices.
Jun 8, 2022
19 min
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