In a move that could pose challenges for lenders that employ AI and algorithms to evaluate borrowers, federal housing officials are moving to rescind policies…
Posts published in “Mortgage”
Lenders can use borrower’s actual monthly student loan payment when calculating their overall debt burden. Source: Inman News
Freddie Mac’s chief economist said rates could continue to rise during the second half of the year after reaching historic lows in January. Source: Inman…
The fintech mortgage lender plans to use the funds to scale the company’s platform, double its team and expand into new markets. Source: Inman News
In a new Zillow survey, homeowners ranked refinancing as easier than divorce or following a strict diet, but “significantly tougher” than training a puppy. Source:…
Fannie Mae and Freddie Mac’s federal regulator will soon have a new director, after a Supreme Court ruling that expands the president’s power to remove…
Lower will use the funds to expand its product line and accelerate its growth. The company’s website currently lists more than two dozen employment opportunities. …
Demand for purchase loans was up for the third week in a row last week, even as mortgage rates surged to the highest level in…
Lenders in 2020 refinanced more than twice as many loans as they reported the previous year, a dramatic feature of the pandemic lending boom. Source:…
Kairos, the company behind the Bilt Mastercard, says it’s partnering with landlords to help provide “every young person a path to homeownership” by allowing them…