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Optimal Blue says 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 is a monthly study that analyzes key indicators to provide…

Cyberbacker 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 firearm by a restricted person and…

New 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 rule modifies the system’s limit on the extension of…

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