With prices rising, it’s becoming standard operating procedure for big lenders like Rocket to help homebuyers avoid jumbo loan pricing by getting a jump on…
Posts published in “FHFA”
With former JP Morgan Chase Director Priscilla Almodovar serving as Fannie Mae’s CEO since 2022, both mortgage giants are now led by women for the…
Lender creates and funds an escrow account that’s used to cover the difference between the full monthly mortgage payment and the payment with the reduced…
Concerns about fraud mean lenders who want to sell multifamily loans to the mortgage giants may be required as soon as this summer to do…
Release of historical credit scores on tens of millions of loans will help lenders prepare for transition to VantageScore 4.0 next year. Release of FICO…
Modest pilot program approved by federal regulators was opposed by banks who have traditionally provided most home equity loans. Nonbank lenders have already made inroads…
Repeat-sales models have been the gold standard in home-price tracking for decades. Intel examines what they miss, and what some data providers are doing to…
Lenders won’t be required to use the more inclusive FICO Score 10T and VantageScore 4.0 scoring models before next year, but several are already using…
Surge in Q3 home price appreciation pushes conforming loan limit in high-cost markets to $1,149,825 for one-unit properties, and up to $2,211,600 for four-unit properties. …
National home prices climbed 3.9 percent from a year earlier in September and were up 0.7 percent from the previous month. Source: Inman News