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Sarah Wolak

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Could the US-China trade war see some relief?

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The White House is weighing big cuts to Trump‑era tariffs on Chinese goods — potentially halving them to ease trade tensions. Options include trimming most...

Mortgage demand sinks 13% as rates soar

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Mortgage applications decreased 12.7% from a week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending...

Pennymac’s profits shrink, but its servicing portfolio now stands at a...

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PennyMac Financial Services Inc. (PFSI) on Tuesday reported net income of $76.3 million for the first quarter of 2025 after it posted revenue of...
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