Lawmakers, MBA call out FICO for potential price hikes

Lawmakers, MBA call out FICO for potential price hikes

A coalition of 34 Democratic senators and representatives submitted a letter this week to President Joe Biden, urging him to direct the U.S. Department of Justice (DOJ) to investigate the pricing practices... Read more »
Opinion: Unlocking the Pass-Through Assistance Program’s potential

Opinion: Unlocking the Pass-Through Assistance Program’s potential

First launched in April of 2020, the Pass-Through Assistance Program (PTAP) was an important initiative designed to provide mortgage servicers with the liquidity needed to endure the financial challenges due to the... Read more »
WSFS president talks motivation for reverse mortgage survey, potential future action

WSFS president talks motivation for reverse mortgage survey, potential future action

Last month, Northeast regional lender WSFS Mortgage released the results of a survey that measured reverse mortgage product sentiments. It found that more people seem to be aware of the potential value... Read more »
Opinion: Unlocking the Pass-Through Assistance Program’s potential

These LOs are TikTok sensations. They call a potential ban “unfortunate”

It may be counterintuitive, but loan officer Scott Betley, a 32-year-old TikTok sensation, says he isn’t worried about a potential U.S. ban of the short-form video app. Betley, who has more than... Read more »
Q&A: Roam’s Raunaq Singh looks to capitalize on the potential of assumable mortgages

Q&A: Roam’s Raunaq Singh looks to capitalize on the potential of assumable mortgages

Housing affordability is at its lowest level in more than  a decade, according to the National Association of Home Builders (NAHB), and there are few ways to circumvent the rising costs of... Read more »
Opinion: Unlocking the Pass-Through Assistance Program’s potential

Fannie Mae economists offer housing market outlook, potential timeline for interest rate cuts

Kim: Fannie Mae removed its explicit call for a recession in 2024 and now expects “below-trend growth.” At this point, how high is the risk for a recession? Duncan: It was more... Read more »

Consumer Alert – Research Potential Escrow Agents

Consumer Alert to Real Property Owners, Potential Buyers, and those Contemplating a Home Loan Refinance in California (03/10/2017) Source link Read more »
Will falling mortgage rates entice potential homebuyers off the sidelines?

Will falling mortgage rates entice potential homebuyers off the sidelines?

The biggest question in the minds of loan originators is whether mortgage rates will fall through the end of 2023, providing some reprieve from the high-rate environment that has stifled origination volume... Read more »